Tesco Balance Sheet Health
Financial Health criteria checks 4/6
Tesco has a total shareholder equity of £11.7B and total debt of £7.2B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are £47.0B and £35.4B respectively. Tesco's EBIT is £2.9B making its interest coverage ratio 5.3. It has cash and short-term investments of £4.2B.
Key information
61.9%
Debt to equity ratio
UK£7.22b
Debt
| Interest coverage ratio | 5.3x |
| Cash | UK£4.23b |
| Equity | UK£11.67b |
| Total liabilities | UK£35.37b |
| Total assets | UK£47.04b |
Recent financial health updates
Does Tesco (LON:TSCO) Have A Healthy Balance Sheet?
Nov 04
These 4 Measures Indicate That Tesco (LON:TSCO) Is Using Debt In A Risky Way
Jul 24Tesco (LON:TSCO) Takes On Some Risk With Its Use Of Debt
Nov 25Recent updates
Tesco's (LON:TSCO) Dividend Will Be Increased To £0.0825
Apr 25The Tesco PLC (LON:TSCO) Full-Year Results Are Out And Analysts Have Published New Forecasts
Apr 12Tesco PLC (LON:TSCO) Shares Could Be 41% Below Their Intrinsic Value Estimate
Mar 01Unpleasant Surprises Could Be In Store For Tesco PLC's (LON:TSCO) Shares
Feb 12Is There An Opportunity With Tesco PLC's (LON:TSCO) 49% Undervaluation?
Dec 23Does Tesco (LON:TSCO) Have A Healthy Balance Sheet?
Nov 04Is Tesco PLC (LON:TSCO) Trading At A 34% Discount?
Sep 02These 4 Measures Indicate That Tesco (LON:TSCO) Is Using Debt In A Risky Way
Jul 24Is There An Opportunity With Tesco PLC's (LON:TSCO) 50% Undervaluation?
May 31Is Tesco PLC (LON:TSCO) At Risk Of Cutting Its Dividend?
Mar 29Declining Stock and Decent Financials: Is The Market Wrong About Tesco PLC (LON:TSCO)?
Mar 10What Type Of Returns Would Tesco's (LON:TSCO) Shareholders Have Received Over The Course Of The Last Year?
Feb 16Are Investors Undervaluing Tesco PLC (LON:TSCO) By 47%?
Feb 03Have Insiders Been Buying Tesco PLC (LON:TSCO) Shares This Year?
Jan 20
Are Tesco's (LON:TSCO) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 05What Kind Of Shareholders Hold The Majority In Tesco PLC's (LON:TSCO) Shares?
Dec 21Do Investors Have Good Reason To Be Wary Of Tesco PLC's (LON:TSCO) 2.6% Dividend Yield?
Dec 08Tesco (LON:TSCO) Takes On Some Risk With Its Use Of Debt
Nov 25Financial Position Analysis
Short Term Liabilities: TSCO's short term assets (£16.6B) do not cover its short term liabilities (£20.5B).
Long Term Liabilities: TSCO's short term assets (£16.6B) exceed its long term liabilities (£14.9B).
Debt to Equity History and Analysis
Debt Level: TSCO's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: TSCO's debt to equity ratio has increased from 53.1% to 61.9% over the past 5 years.
Debt Coverage: TSCO's debt is well covered by operating cash flow (53.2%).
Interest Coverage: TSCO's interest payments on its debt are well covered by EBIT (5.3x coverage).