Ocado Group Balance Sheet Health
Financial Health criteria checks 4/6
Ocado Group has a total shareholder equity of £1.5B and total debt of £1.5B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are £4.4B and £2.9B respectively.
Key information
96.8%
Debt to equity ratio
UK£1.46b
Debt
Interest coverage ratio | n/a |
Cash | UK£884.80m |
Equity | UK£1.51b |
Total liabilities | UK£2.92b |
Total assets | UK£4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCDOL's short term assets (£1.4B) exceed its short term liabilities (£576.8M).
Long Term Liabilities: OCDOL's short term assets (£1.4B) do not cover its long term liabilities (£2.3B).
Debt to Equity History and Analysis
Debt Level: OCDOL's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: OCDOL's debt to equity ratio has increased from 44% to 96.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OCDOL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OCDOL has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 37.9% each year.