J Sainsbury Balance Sheet Health
Financial Health criteria checks 5/6
J Sainsbury has a total shareholder equity of £7.2B and total debt of £1.3B, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are £26.2B and £18.9B respectively. J Sainsbury's EBIT is £1.0B making its interest coverage ratio 3.5. It has cash and short-term investments of £868.0M.
Key information
18.2%
Debt to equity ratio
UK£1.32b
Debt
| Interest coverage ratio | 3.5x |
| Cash | UK£868.00m |
| Equity | UK£7.22b |
| Total liabilities | UK£18.95b |
| Total assets | UK£26.17b |
Recent financial health updates
Is J Sainsbury (LON:SBRY) A Risky Investment?
Feb 07
Is J Sainsbury (LON:SBRY) A Risky Investment?
Nov 03Is J Sainsbury (LON:SBRY) A Risky Investment?
Jun 24Is J Sainsbury (LON:SBRY) A Risky Investment?
Feb 15Recent updates
J 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 04Return Trends At J Sainsbury (LON:SBRY) Aren't Appealing
Dec 05Here's What Analysts Are Forecasting For J Sainsbury plc (LON:SBRY) After Its Half-Yearly Results
Nov 04Is J Sainsbury (LON:SBRY) A Risky Investment?
Nov 03J Sainsbury plc's (LON:SBRY) Intrinsic Value Is Potentially 76% Above Its Share Price
Aug 23Is J Sainsbury (LON:SBRY) A Risky Investment?
Jun 24Are Investors Undervaluing J Sainsbury plc (LON:SBRY) By 49%?
Mar 10Is J Sainsbury (LON:SBRY) A Risky Investment?
Feb 15The J Sainsbury (LON:SBRY) Share Price Has Gained 21% And Shareholders Are Hoping For More
Jan 25Is J Sainsbury plc's (LON:SBRY) 2.8% Dividend Sustainable?
Dec 28Are Investors Undervaluing J Sainsbury plc (LON:SBRY) By 49%?
Dec 02
Financial Position Analysis
Short Term Liabilities: SBRY's short term assets (£8.4B) do not cover its short term liabilities (£11.6B).
Long Term Liabilities: SBRY's short term assets (£8.4B) exceed its long term liabilities (£7.4B).
Debt to Equity History and Analysis
Debt Level: SBRY's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: SBRY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SBRY's debt is well covered by operating cash flow (144.6%).
Interest Coverage: SBRY's interest payments on its debt are well covered by EBIT (3.5x coverage).