Franchise Brands Balance Sheet Health
Financial Health criteria checks 2/6
Franchise Brands has a total shareholder equity of £211.6M and total debt of £99.9M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are £392.6M and £181.0M respectively. Franchise Brands's EBIT is £9.2M making its interest coverage ratio 5.5. It has cash and short-term investments of £20.8M.
Key information
47.2%
Debt to equity ratio
UK£99.85m
Debt
| Interest coverage ratio | 5.5x |
| Cash | UK£20.84m |
| Equity | UK£211.56m |
| Total liabilities | UK£180.99m |
| Total assets | UK£392.55m |
Recent financial health updates
We Think Franchise Brands (LON:FRAN) Can Stay On Top Of Its Debt
Dec 15
We Think Franchise Brands (LON:FRAN) Can Manage Its Debt With Ease
May 23Recent updates
Franchise Brands plc (LON:FRAN) Shares Could Be 46% Below Their Intrinsic Value Estimate
Apr 27We Think Franchise Brands (LON:FRAN) Can Stay On Top Of Its Debt
Dec 15Is Now The Time To Look At Buying Franchise Brands plc (LON:FRAN)?
Apr 27We Think Franchise Brands (LON:FRAN) Can Manage Its Debt With Ease
May 23Why Franchise Brands plc (LON:FRAN) Could Be Worth Watching
May 05Calculating The Fair Value Of Franchise Brands plc (LON:FRAN)
Mar 25Franchise Brands plc's (LON:FRAN) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 08Did Franchise Brands' (LON:FRAN) Share Price Deserve to Gain 86%?
Jan 13
Should You Think About Buying Franchise Brands plc (LON:FRAN) Now?
Dec 23Are Franchise Brands's (LON:FRAN) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 04Financial Position Analysis
Short Term Liabilities: FRAN's short term assets (£72.0M) do not cover its short term liabilities (£93.8M).
Long Term Liabilities: FRAN's short term assets (£72.0M) do not cover its long term liabilities (£87.2M).
Debt to Equity History and Analysis
Debt Level: FRAN's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: FRAN's debt to equity ratio has increased from 33.6% to 47.2% over the past 5 years.
Debt Coverage: FRAN's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: FRAN's interest payments on its debt are well covered by EBIT (5.5x coverage).