Marks and Spencer Group Balance Sheet Health
Financial Health criteria checks 4/6
Marks and Spencer Group has a total shareholder equity of £3.0B and total debt of £697.4M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are £8.7B and £5.6B respectively. Marks and Spencer Group's EBIT is £974.4M making its interest coverage ratio 9.5. It has cash and short-term investments of £780.4M.
Key information
23.0%
Debt to equity ratio
UK£697.40m
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£780.40m |
| Equity | UK£3.03b |
| Total liabilities | UK£5.65b |
| Total assets | UK£8.68b |
Recent financial health updates
Is Marks and Spencer Group (LON:MKS) Using Too Much Debt?
Sep 27
Is Marks and Spencer Group (LON:MKS) A Risky Investment?
Feb 04Recent updates
What Is Marks and Spencer Group plc's (LON:MKS) Share Price Doing?
Jan 28Marks and Spencer Group plc's (LON:MKS) Intrinsic Value Is Potentially 77% Above Its Share Price
Jan 14Marks and Spencer Group (LON:MKS) Is Doing The Right Things To Multiply Its Share Price
Jan 01Marks and Spencer Group plc's (LON:MKS) Business Is Yet to Catch Up With Its Share Price
Nov 22At UK£3.80, Is Marks and Spencer Group plc (LON:MKS) Worth Looking At Closely?
Oct 13Is Marks and Spencer Group (LON:MKS) Using Too Much Debt?
Sep 27With EPS Growth And More, Marks and Spencer Group (LON:MKS) Makes An Interesting Case
Sep 14Returns Are Gaining Momentum At Marks and Spencer Group (LON:MKS)
Aug 21Marks and Spencer Group plc's (LON:MKS) Intrinsic Value Is Potentially 69% Above Its Share Price
Aug 09Why Marks and Spencer Group plc (LON:MKS) Could Be Worth Watching
Jul 04Lacklustre Performance Is Driving Marks and Spencer Group plc's (LON:MKS) Low P/E
Jun 22Marks and Spencer Group's (LON:MKS) Strong Earnings Are Of Good Quality
Jun 10With EPS Growth And More, Marks and Spencer Group (LON:MKS) Makes An Interesting Case
May 05An Intrinsic Calculation For Marks and Spencer Group plc (LON:MKS) Suggests It's 34% Undervalued
Apr 04Marks and Spencer Group plc's (LON:MKS) Subdued P/E Might Signal An Opportunity
Feb 19Is Marks and Spencer Group (LON:MKS) A Risky Investment?
Feb 04Financial Position Analysis
Short Term Liabilities: MKS's short term assets (£2.2B) do not cover its short term liabilities (£2.6B).
Long Term Liabilities: MKS's short term assets (£2.2B) do not cover its long term liabilities (£3.0B).
Debt to Equity History and Analysis
Debt Level: MKS has more cash than its total debt.
Reducing Debt: MKS's debt to equity ratio has reduced from 57.6% to 23% over the past 5 years.
Debt Coverage: MKS's debt is well covered by operating cash flow (174.3%).
Interest Coverage: MKS's interest payments on its debt are well covered by EBIT (9.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/29 01:51 |
| End of Day Share Price | 2025/01/29 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marks and Spencer Group plc is covered by 49 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Philip Dorgan | Altium Capital Limited |
| Nicholas Bubb | Arden Partners Plc. |
| Karen Howland | Barclays |