Travis Perkins Balance Sheet Health
Financial Health criteria checks 5/6
Travis Perkins has a total shareholder equity of £2.0B and total debt of £446.6M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are £4.1B and £2.1B respectively. Travis Perkins's EBIT is £97.0M making its interest coverage ratio 2.1. It has cash and short-term investments of £213.6M.
Key information
21.9%
Debt to equity ratio
UK£446.60m
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£213.60m |
| Equity | UK£2.04b |
| Total liabilities | UK£2.09b |
| Total assets | UK£4.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPKL's short term assets (£1.6B) exceed its short term liabilities (£1.0B).
Long Term Liabilities: TPKL's short term assets (£1.6B) exceed its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: TPKL's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: TPKL's debt to equity ratio has reduced from 23.2% to 21.9% over the past 5 years.
Debt Coverage: TPKL's debt is well covered by operating cash flow (51.4%).
Interest Coverage: TPKL's interest payments on its debt are not well covered by EBIT (2.1x coverage).