Tesco Balance Sheet Health
Financial Health criteria checks 4/6
Tesco has a total shareholder equity of £11.6B and total debt of £7.1B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are £47.6B and £36.0B respectively. Tesco's EBIT is £3.0B making its interest coverage ratio 5.8. It has cash and short-term investments of £4.2B.
Key information
61.3%
Debt to equity ratio
UK£7.10b
Debt
| Interest coverage ratio | 5.8x |
| Cash | UK£4.24b |
| Equity | UK£11.58b |
| Total liabilities | UK£35.98b |
| Total assets | UK£47.56b |
Recent financial health updates
Recent updates
Is Tesco PLC (LON:TSCO) Trading At A 41% Discount?
Dec 16
Is Tesco (LON:TSCO) Using Too Much Debt?
Oct 24Tesco (LON:TSCO) Will Pay A Dividend Of £0.0425
Oct 06Investors Don't See Light At End Of Tesco PLC's (LON:TSCO) Tunnel
Sep 23Is Tesco PLC (LON:TSCO) Trading At A 31% Discount?
Jul 23There's No Escaping Tesco PLC's (LON:TSCO) Muted Earnings
Jun 17Is Tesco (LON:TSCO) A Risky Investment?
May 30Tesco'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 12Financial Position Analysis
Short Term Liabilities: TSCO's short term assets (£17.8B) do not cover its short term liabilities (£22.0B).
Long Term Liabilities: TSCO's short term assets (£17.8B) exceed its long term liabilities (£14.0B).
Debt to Equity History and Analysis
Debt Level: TSCO's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: TSCO's debt to equity ratio has increased from 49.5% to 61.3% over the past 5 years.
Debt Coverage: TSCO's debt is well covered by operating cash flow (50.3%).
Interest Coverage: TSCO's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 09:33 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/08/24 |
| Annual Earnings | 2024/02/24 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tesco PLC is covered by 53 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| Philip Dorgan | Altium Capital Limited |
| Jean-Marie L’Home | Aurel BGC |