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
Here's Why Ocado Group (LON:OCDO) Can Afford Some Debt
Nov 09
We Think Ocado Group (LON:OCDO) Has A Fair Chunk Of Debt
Jul 31Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?
Apr 08Is Ocado Group (LON:OCDO) A Risky Investment?
Aug 26Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?
May 05Recent updates
Ocado Group plc's (LON:OCDO) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors
Apr 20Analysts Are Updating Their Ocado Group plc (LON:OCDO) Estimates After Its Yearly Results
Mar 04Ocado Group plc's (LON:OCDO) P/S Is Still On The Mark Following 28% Share Price Bounce
Jan 01Here's Why Ocado Group (LON:OCDO) Can Afford Some Debt
Nov 09We Think Ocado Group (LON:OCDO) Has A Fair Chunk Of Debt
Jul 31Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?
Apr 08Calculating The Intrinsic Value Of Ocado Group plc (LON:OCDO)
Dec 23Is Ocado Group (LON:OCDO) A Risky Investment?
Aug 26Is Ocado Group plc (LON:OCDO) Worth UK£19.2 Based On Its Intrinsic Value?
Jun 12Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?
May 05Should You Be Impressed By Ocado Group's (LON:OCDO) Returns on Capital?
Feb 11The Ocado Group (LON:OCDO) Share Price Is Up 616% And Shareholders Are Delighted
Dec 22Financial Position Analysis
Short Term Liabilities: OCDO's short term assets (£1.4B) exceed its short term liabilities (£576.8M).
Long Term Liabilities: OCDO's short term assets (£1.4B) do not cover its long term liabilities (£2.3B).
Debt to Equity History and Analysis
Debt Level: OCDO's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: OCDO'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: OCDO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OCDO has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 37.9% each year.