Bellway Balance Sheet Health
Financial Health criteria checks 5/6
Bellway has a total shareholder equity of £3.4B and total debt of £130.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are £4.9B and £1.5B respectively. Bellway's EBIT is £362.0M making its interest coverage ratio 42.6. It has cash and short-term investments of £206.6M.
Key information
3.8%
Debt to equity ratio
UK£130.00m
Debt
| Interest coverage ratio | 42.6x |
| Cash | UK£206.60m |
| Equity | UK£3.43b |
| Total liabilities | UK£1.46b |
| Total assets | UK£4.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWYL's short term assets (£4.8B) exceed its short term liabilities (£833.1M).
Long Term Liabilities: BWYL's short term assets (£4.8B) exceed its long term liabilities (£630.9M).
Debt to Equity History and Analysis
Debt Level: BWYL has more cash than its total debt.
Reducing Debt: BWYL's debt to equity ratio has increased from 2.2% to 3.8% over the past 5 years.
Debt Coverage: BWYL's debt is well covered by operating cash flow (51.4%).
Interest Coverage: BWYL's interest payments on its debt are well covered by EBIT (42.6x coverage).