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 £445.1M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are £4.0B and £2.0B respectively. Travis Perkins's EBIT is £159.5M making its interest coverage ratio 3.6. It has cash and short-term investments of £131.5M.
Key information
21.8%
Debt to equity ratio
UK£445.10m
Debt
Interest coverage ratio | 3.6x |
Cash | UK£131.50m |
Equity | UK£2.04b |
Total liabilities | UK£1.99b |
Total assets | UK£4.03b |
Recent financial health updates
Is Travis Perkins (LON:TPK) Using Too Much Debt?
Dec 08Does Travis Perkins (LON:TPK) Have A Healthy Balance Sheet?
Aug 22Is Travis Perkins (LON:TPK) Using Too Much Debt?
Apr 02These 4 Measures Indicate That Travis Perkins (LON:TPK) Is Using Debt Reasonably Well
Dec 16These 4 Measures Indicate That Travis Perkins (LON:TPK) Is Using Debt Reasonably Well
Sep 09Travis Perkins (LON:TPK) Could Easily Take On More Debt
Mar 02Recent updates
Travis Perkins plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 15Some Investors May Be Willing To Look Past Travis Perkins' (LON:TPK) Soft Earnings
Mar 13A Look At The Intrinsic Value Of Travis Perkins plc (LON:TPK)
Jan 24Travis Perkins plc's (LON:TPK) Business And Shares Still Trailing The Market
Dec 30Is Travis Perkins (LON:TPK) Using Too Much Debt?
Dec 08Estimating The Fair Value Of Travis Perkins plc (LON:TPK)
Oct 14What Is Travis Perkins plc's (LON:TPK) Share Price Doing?
Sep 25Travis Perkins (LON:TPK) Is Paying Out A Dividend Of £0.125
Aug 28Does Travis Perkins (LON:TPK) Have A Healthy Balance Sheet?
Aug 22Travis Perkins' (LON:TPK) Dividend Will Be £0.125
Aug 04Travis Perkins plc's (LON:TPK) Intrinsic Value Is Potentially 33% Above Its Share Price
Jul 02Should You Think About Buying Travis Perkins plc (LON:TPK) Now?
May 14Travis Perkins (LON:TPK) Is Increasing Its Dividend To £0.265
Apr 05Is Travis Perkins (LON:TPK) Using Too Much Debt?
Apr 02Travis Perkins (LON:TPK) Has Announced That It Will Be Increasing Its Dividend To £0.265
Mar 03These 4 Measures Indicate That Travis Perkins (LON:TPK) Is Using Debt Reasonably Well
Dec 16Is Now An Opportune Moment To Examine Travis Perkins plc (LON:TPK)?
Nov 05A Look At The Fair Value Of Travis Perkins plc (LON:TPK)
Sep 27These 4 Measures Indicate That Travis Perkins (LON:TPK) Is Using Debt Reasonably Well
Sep 09Should You Think About Buying Travis Perkins plc (LON:TPK) Now?
Aug 03Are Investors Undervaluing Travis Perkins plc (LON:TPK) By 28%?
Jun 03Should You Think About Buying Travis Perkins plc (LON:TPK) Now?
Apr 21Travis Perkins (LON:TPK) Could Easily Take On More Debt
Mar 02A Look At The Fair Value Of Travis Perkins plc (LON:TPK)
Feb 07What Does Travis Perkins plc's (LON:TPK) Share Price Indicate?
Jan 11A Look At The Intrinsic Value Of Travis Perkins plc (LON:TPK)
Oct 27Is Travis Perkins (LON:TPK) A Risky Investment?
Oct 12Here's Why We Think Travis Perkins (LON:TPK) Is Well Worth Watching
Sep 15Does This Valuation Of Travis Perkins plc (LON:TPK) Imply Investors Are Overpaying?
Apr 01If You Had Bought Travis Perkins (LON:TPK) Shares A Year Ago You'd Have Earned 24% Returns
Mar 10Financial Position Analysis
Short Term Liabilities: TPK's short term assets (£1.6B) exceed its short term liabilities (£924.7M).
Long Term Liabilities: TPK's short term assets (£1.6B) exceed its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: TPK's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: TPK's debt to equity ratio has increased from 21.6% to 21.8% over the past 5 years.
Debt Coverage: TPK's debt is well covered by operating cash flow (48.9%).
Interest Coverage: TPK's interest payments on its debt are well covered by EBIT (3.6x coverage).