Mitchells & Butlers Balance Sheet Health
Financial Health criteria checks 4/6
Mitchells & Butlers has a total shareholder equity of £2.6B and total debt of £1.2B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are £5.2B and £2.7B respectively. Mitchells & Butlers's EBIT is £310.0M making its interest coverage ratio 3.1. It has cash and short-term investments of £176.0M.
Key information
46.1%
Debt to equity ratio
UK£1.18b
Debt
| Interest coverage ratio | 3.1x |
| Cash | UK£176.00m |
| Equity | UK£2.57b |
| Total liabilities | UK£2.68b |
| Total assets | UK£5.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MABL's short term assets (£302.0M) do not cover its short term liabilities (£662.0M).
Long Term Liabilities: MABL's short term assets (£302.0M) do not cover its long term liabilities (£2.0B).
Debt to Equity History and Analysis
Debt Level: MABL's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: MABL's debt to equity ratio has reduced from 105.5% to 46.1% over the past 5 years.
Debt Coverage: MABL's debt is well covered by operating cash flow (32.6%).
Interest Coverage: MABL's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Mitchells & Butlers plc is covered by 31 analysts. 8 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 |
|---|---|
| Vibha Issar | AlphaValue |
| Julian Easthope | Barclays |
| Robert Chantry | Berenberg |