J Sainsbury Balance Sheet Health
Financial Health criteria checks 5/6
J Sainsbury has a total shareholder equity of £6.6B and total debt of £1.2B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are £24.6B and £18.0B respectively. J Sainsbury's EBIT is £1.5B making its interest coverage ratio 4.7. It has cash and short-term investments of £909.0M.
Key information
17.8%
Debt to equity ratio
UK£1.18b
Debt
| Interest coverage ratio | 4.7x |
| Cash | UK£909.00m |
| Equity | UK£6.61b |
| Total liabilities | UK£18.02b |
| Total assets | UK£24.64b |
Recent financial health updates
Is J Sainsbury (LON:SBRY) Using Too Much Debt?
May 21
Is J Sainsbury (LON:SBRY) A Risky Investment?
Feb 07Recent updates
J Sainsbury's (LON:SBRY) Dividend Will Be £0.039
Nov 10Investors Interested In J Sainsbury plc's (LON:SBRY) Earnings
Oct 15An Intrinsic Calculation For J Sainsbury plc (LON:SBRY) Suggests It's 20% Undervalued
Sep 30Investors Will Want J Sainsbury's (LON:SBRY) Growth In ROCE To Persist
Jul 12J Sainsbury plc's (LON:SBRY) Price In Tune With Earnings
Jun 21Is J Sainsbury (LON:SBRY) Using Too Much Debt?
May 21There May Be Some Bright Spots In J Sainsbury's (LON:SBRY) Earnings
May 02J Sainsbury (LON:SBRY) Is Due To Pay A Dividend Of £0.092
Apr 28J Sainsbury (LON:SBRY) Hasn't Managed To Accelerate Its Returns
Mar 26J Sainsbury plc's (LON:SBRY) Price In Tune With Revenues
Feb 29Is J Sainsbury (LON:SBRY) A Risky Investment?
Feb 07Are Investors Undervaluing J Sainsbury plc (LON:SBRY) By 38%?
Jan 04Financial Position Analysis
Short Term Liabilities: SBRY's short term assets (£8.4B) do not cover its short term liabilities (£11.3B).
Long Term Liabilities: SBRY's short term assets (£8.4B) exceed its long term liabilities (£6.7B).
Debt to Equity History and Analysis
Debt Level: SBRY's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: SBRY's debt to equity ratio has reduced from 19.9% to 17.8% over the past 5 years.
Debt Coverage: SBRY's debt is well covered by operating cash flow (74.8%).
Interest Coverage: SBRY's interest payments on its debt are well covered by EBIT (4.7x coverage).