Marks and Spencer Group Balance Sheet Health
Financial Health criteria checks 4/6
Marks and Spencer Group has a total shareholder equity of £2.8B and total debt of £1.0B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are £8.8B and £5.9B respectively. Marks and Spencer Group's EBIT is £830.9M making its interest coverage ratio 6.6. It has cash and short-term investments of £837.7M.
Key information
36.8%
Debt to equity ratio
UK£1.05b
Debt
Interest coverage ratio | 6.6x |
Cash | UK£837.70m |
Equity | UK£2.85b |
Total liabilities | UK£5.93b |
Total assets | UK£8.77b |
Recent financial health updates
Is Marks and Spencer Group (LON:MKS) A Risky Investment?
Feb 04Here's Why Marks and Spencer Group (LON:MKS) Has A Meaningful Debt Burden
Sep 14These 4 Measures Indicate That Marks and Spencer Group (LON:MKS) Is Using Debt Extensively
Jun 10Does Marks and Spencer Group (LON:MKS) Have A Healthy Balance Sheet?
Dec 25Is Marks and Spencer Group (LON:MKS) Using Too Much Debt?
Jul 03Is Marks and Spencer Group (LON:MKS) A Risky Investment?
Mar 29Recent updates
An 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 04Is Marks and Spencer Group plc (LON:MKS) Potentially Undervalued?
Jan 21Here's Why We Think Marks and Spencer Group (LON:MKS) Is Well Worth Watching
Jan 07Marks and Spencer Group plc's (LON:MKS) Intrinsic Value Is Potentially 49% Above Its Share Price
Dec 24What Is Marks and Spencer Group plc's (LON:MKS) Share Price Doing?
Oct 20Should You Be Adding Marks and Spencer Group (LON:MKS) To Your Watchlist Today?
Oct 03Here's Why Marks and Spencer Group (LON:MKS) Has A Meaningful Debt Burden
Sep 14A Look At The Intrinsic Value Of Marks and Spencer Group plc (LON:MKS)
Aug 27What Is Marks and Spencer Group plc's (LON:MKS) Share Price Doing?
Jun 26These 4 Measures Indicate That Marks and Spencer Group (LON:MKS) Is Using Debt Extensively
Jun 10Calculating The Fair Value Of Marks and Spencer Group plc (LON:MKS)
May 26At UK£1.58, Is It Time To Put Marks and Spencer Group plc (LON:MKS) On Your Watch List?
Mar 13Does Marks and Spencer Group (LON:MKS) Have A Healthy Balance Sheet?
Dec 25Is It Too Late To Consider Buying Marks and Spencer Group plc (LON:MKS)?
Dec 03An Intrinsic Calculation For Marks and Spencer Group plc (LON:MKS) Suggests It's 48% Undervalued
Nov 02Why Marks and Spencer Group plc (LON:MKS) Could Be Worth Watching
Aug 08Marks and Spencer Group plc's (LON:MKS) Intrinsic Value Is Potentially 53% Above Its Share Price
Jul 21Is Marks and Spencer Group (LON:MKS) Using Too Much Debt?
Jul 03Is Marks and Spencer Group (LON:MKS) A Risky Investment?
Mar 29Should You Think About Buying Marks and Spencer Group plc (LON:MKS) Now?
Feb 21Marks and Spencer Group plc (LON:MKS) Shares Could Be 21% Below Their Intrinsic Value Estimate
Feb 04These 4 Measures Indicate That Marks and Spencer Group (LON:MKS) Is Using Debt Reasonably Well
Dec 13Is Marks and Spencer Group (LON:MKS) Using Too Much Debt?
Aug 31Is It Too Late To Consider Buying Marks and Spencer Group plc (LON:MKS)?
Aug 10Here's Why Some Shareholders May Not Be Too Generous With Marks and Spencer Group plc's (LON:MKS) CEO Compensation This Year
Jun 29These 4 Measures Indicate That Marks and Spencer Group (LON:MKS) Is Using Debt Extensively
May 28Calculating The Fair Value Of Marks and Spencer Group plc (LON:MKS)
May 05Is Now An Opportune Moment To Examine Marks and Spencer Group plc (LON:MKS)?
Mar 12Marks and Spencer Group (LON:MKS) Share Prices Have Dropped 68% In The Last Five Years
Feb 19Calculating The Fair Value Of Marks and Spencer Group plc (LON:MKS)
Feb 01Have Insiders Been Buying Marks and Spencer Group plc (LON:MKS) Shares?
Jan 13Our Take On Marks and Spencer Group's (LON:MKS) CEO Salary
Dec 29We Think Marks and Spencer Group (LON:MKS) Is Taking Some Risk With Its Debt
Dec 11At UK£1.35, Is It Time To Put Marks and Spencer Group plc (LON:MKS) On Your Watch List?
Nov 26Financial Position Analysis
Short Term Liabilities: MKS's short term assets (£2.2B) do not cover its short term liabilities (£2.7B).
Long Term Liabilities: MKS's short term assets (£2.2B) do not cover its long term liabilities (£3.2B).
Debt to Equity History and Analysis
Debt Level: MKS's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: MKS's debt to equity ratio has reduced from 61.2% to 36.8% over the past 5 years.
Debt Coverage: MKS's debt is well covered by operating cash flow (115.7%).
Interest Coverage: MKS's interest payments on its debt are well covered by EBIT (6.6x coverage).