Barratt Redrow Balance Sheet Health
Financial Health criteria checks 6/6
Barratt Redrow has a total shareholder equity of £5.4B and total debt of £200.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are £7.9B and £2.4B respectively. Barratt Redrow's EBIT is £352.1M making its interest coverage ratio 54.2. It has cash and short-term investments of £1.1B.
Key information
3.7%
Debt to equity ratio
UK£200.00m
Debt
| Interest coverage ratio | 54.2x |
| Cash | UK£1.07b |
| Equity | UK£5.44b |
| Total liabilities | UK£2.44b |
| Total assets | UK£7.88b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: BTRWL's short term assets (£6.6B) exceed its short term liabilities (£1.4B).
Long Term Liabilities: BTRWL's short term assets (£6.6B) exceed its long term liabilities (£989.6M).
Debt to Equity History and Analysis
Debt Level: BTRWL has more cash than its total debt.
Reducing Debt: BTRWL's debt to equity ratio has reduced from 7.8% to 3.7% over the past 5 years.
Debt Coverage: BTRWL's debt is well covered by operating cash flow (48.1%).
Interest Coverage: BTRWL's interest payments on its debt are well covered by EBIT (54.2x coverage).