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Biffa Balance Sheet Health
Financial Health criteria checks 2/6
Key information
71.5%
Debt to equity ratio
UK£359.30m
Debt
| Interest coverage ratio | 2.7x |
| Cash | UK£43.60m |
| Equity | UK£502.50m |
| Total liabilities | UK£1.24b |
| Total assets | UK£1.74b |
Recent financial health updates
Is Biffa (LON:BIFF) Using Too Much Debt?
Mar 15
Biffa (LON:BIFF) Is Carrying A Fair Bit Of Debt
Nov 20Would Biffa (LON:BIFF) Be Better Off With Less Debt?
Aug 06Recent updates
Is It Too Late To Consider Buying Biffa plc (LON:BIFF)?
Apr 14Is Biffa (LON:BIFF) Using Too Much Debt?
Mar 15Estimating The Fair Value Of Biffa plc (LON:BIFF)
Jan 10Is Now An Opportune Moment To Examine Biffa plc (LON:BIFF)?
Dec 14Biffa (LON:BIFF) Is Carrying A Fair Bit Of Debt
Nov 20Are Investors Undervaluing Biffa plc (LON:BIFF) By 29%?
Sep 11Would Biffa (LON:BIFF) Be Better Off With Less Debt?
Aug 06An Intrinsic Calculation For Biffa plc (LON:BIFF) Suggests It's 33% Undervalued
May 26Biffa's(LON:BIFF) Share Price Is Down 10% Over The Past Year.
Mar 02Estimating The Intrinsic Value Of Biffa plc (LON:BIFF)
Jan 24
Are Insiders Selling Biffa plc (LON:BIFF) Stock?
Dec 28We Think Biffa (LON:BIFF) Has A Fair Chunk Of Debt
Nov 23Financial Position Analysis
Short Term Liabilities: BIFF's short term assets (£426.0M) do not cover its short term liabilities (£511.8M).
Long Term Liabilities: BIFF's short term assets (£426.0M) do not cover its long term liabilities (£726.4M).
Debt to Equity History and Analysis
Debt Level: BIFF's net debt to equity ratio (62.8%) is considered high.
Reducing Debt: BIFF's debt to equity ratio has reduced from 76.7% to 71.5% over the past 5 years.
Debt Coverage: BIFF's debt is well covered by operating cash flow (42.9%).
Interest Coverage: BIFF's interest payments on its debt are not well covered by EBIT (2.7x coverage).