Bunzl Balance Sheet Health
Financial Health criteria checks 6/6
Bunzl has a total shareholder equity of £3.0B and total debt of £2.5B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are £8.7B and £5.8B respectively. Bunzl's EBIT is £810.2M making its interest coverage ratio 9.7. It has cash and short-term investments of £1.4B.
Key information
84.3%
Debt to equity ratio
UK£2.50b
Debt
| Interest coverage ratio | 9.7x |
| Cash | UK£1.43b |
| Equity | UK£2.97b |
| Total liabilities | UK£5.78b |
| Total assets | UK£8.75b |
Recent financial health updates
We Think Bunzl (LON:BNZL) Can Stay On Top Of Its Debt
Sep 29
Bunzl (LON:BNZL) Seems To Use Debt Quite Sensibly
Apr 30These 4 Measures Indicate That Bunzl (LON:BNZL) Is Using Debt Reasonably Well
Nov 04Here's Why Bunzl (LON:BNZL) Can Manage Its Debt Responsibly
Jun 09Recent updates
Bunzl's (LON:BNZL) Dividend Will Be Increased To £0.501
Apr 10Bunzl (LON:BNZL) Is Paying Out A Larger Dividend Than Last Year
Mar 25Bunzl's (LON:BNZL) Dividend Will Be Increased To £0.501
Mar 05Bunzl plc (LON:BNZL) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 28With EPS Growth And More, Bunzl (LON:BNZL) Makes An Interesting Case
Feb 16Calculating The Intrinsic Value Of Bunzl plc (LON:BNZL)
Jan 18Return Trends At Bunzl (LON:BNZL) Aren't Appealing
Jan 03Risks To Shareholder Returns Are Elevated At These Prices For Bunzl plc (LON:BNZL)
Dec 19Bunzl (LON:BNZL) Will Pay A Larger Dividend Than Last Year At £0.182
Nov 04If EPS Growth Is Important To You, Bunzl (LON:BNZL) Presents An Opportunity
Nov 02Bunzl (LON:BNZL) Has Announced That It Will Be Increasing Its Dividend To £0.182
Oct 21Bunzl's (LON:BNZL) Upcoming Dividend Will Be Larger Than Last Year's
Sep 30We Think Bunzl (LON:BNZL) Can Stay On Top Of Its Debt
Sep 29Bunzl's (LON:BNZL) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 15Bunzl (LON:BNZL) Is Increasing Its Dividend To £0.182
Sep 01A Look At The Fair Value Of Bunzl plc (LON:BNZL)
Aug 22Here's Why Bunzl (LON:BNZL) Has Caught The Eye Of Investors
Jun 16The Returns At Bunzl (LON:BNZL) Aren't Growing
May 30Bunzl plc's (LON:BNZL) Intrinsic Value Is Potentially 20% Below Its Share Price
May 15Bunzl (LON:BNZL) Seems To Use Debt Quite Sensibly
Apr 30Bunzl (LON:BNZL) Has Announced That It Will Be Increasing Its Dividend To £0.454
Apr 05Here's Why We Think Bunzl (LON:BNZL) Might Deserve Your Attention Today
Mar 18Bunzl (LON:BNZL) Is Increasing Its Dividend To £0.454
Mar 02Returns At Bunzl (LON:BNZL) Appear To Be Weighed Down
Jan 31Are Bunzl plc (LON:BNZL) Investors Paying Above The Intrinsic Value?
Dec 31Bunzl (LON:BNZL) Has Announced That It Will Be Increasing Its Dividend To £0.173
Nov 17These 4 Measures Indicate That Bunzl (LON:BNZL) Is Using Debt Reasonably Well
Nov 04Bunzl (LON:BNZL) Will Pay A Larger Dividend Than Last Year At £0.173
Oct 20Calculating The Fair Value Of Bunzl plc (LON:BNZL)
Sep 15Bunzl's (LON:BNZL) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Investors Met With Slowing Returns on Capital At Bunzl (LON:BNZL)
Jul 27Here's Why Bunzl (LON:BNZL) Can Manage Its Debt Responsibly
Jun 09Bunzl (LON:BNZL) Is Paying Out A Larger Dividend Than Last Year
Apr 24Financial Position Analysis
Short Term Liabilities: BNZL's short term assets (£4.6B) exceed its short term liabilities (£3.3B).
Long Term Liabilities: BNZL's short term assets (£4.6B) exceed its long term liabilities (£2.5B).
Debt to Equity History and Analysis
Debt Level: BNZL's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: BNZL's debt to equity ratio has reduced from 110.3% to 84.3% over the past 5 years.
Debt Coverage: BNZL's debt is well covered by operating cash flow (36.2%).
Interest Coverage: BNZL's interest payments on its debt are well covered by EBIT (9.7x coverage).