Greggs Balance Sheet Health
Financial Health criteria checks 5/6
Greggs has a total shareholder equity of £530.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.1B and £598.8M respectively. Greggs's EBIT is £172.3M making its interest coverage ratio 41. It has cash and short-term investments of £195.3M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 41x |
Cash | UK£195.30m |
Equity | UK£530.90m |
Total liabilities | UK£598.80m |
Total assets | UK£1.13b |
Recent financial health updates
Recent updates
Greggs plc Just Beat EPS By 9.3%: Here's What Analysts Think Will Happen Next
Apr 12Greggs (LON:GRG) Is Paying Out A Larger Dividend Than Last Year
Apr 05Is Now The Time To Look At Buying Greggs plc (LON:GRG)?
Mar 28Greggs' (LON:GRG) Profits Appear To Have Quality Issues
Mar 12Greggs' (LON:GRG) Dividend Will Be Increased To £0.86
Mar 08An Intrinsic Calculation For Greggs plc (LON:GRG) Suggests It's 29% Undervalued
Feb 10Is Now The Time To Put Greggs (LON:GRG) On Your Watchlist?
Jan 22Investor Optimism Abounds Greggs plc (LON:GRG) But Growth Is Lacking
Dec 23A Look Into Greggs' (LON:GRG) Impressive Returns On Capital
Nov 07Do Greggs' (LON:GRG) Earnings Warrant Your Attention?
Oct 23Is Greggs plc (LON:GRG) Potentially Undervalued?
Sep 21Greggs (LON:GRG) Is Increasing Its Dividend To £0.16
Aug 29Greggs' (LON:GRG) Upcoming Dividend Will Be Larger Than Last Year's
Aug 04Why You Should Care About Greggs' (LON:GRG) Strong Returns On Capital
Jul 13Should You Think About Buying Greggs plc (LON:GRG) Now?
May 28Investors Shouldn't Overlook The Favourable Returns On Capital At Greggs (LON:GRG)
Apr 13Is There Now An Opportunity In Greggs plc (LON:GRG)?
Jan 18Here's What Greggs' (LON:GRG) Strong Returns On Capital Mean
Jan 05Should You Be Adding Greggs (LON:GRG) To Your Watchlist Today?
Nov 25When Should You Buy Greggs plc (LON:GRG)?
Oct 15Here's What Greggs' (LON:GRG) Strong Returns On Capital Mean
Sep 28Greggs (LON:GRG) Is Due To Pay A Dividend Of £0.15
Aug 05Is It Too Late To Consider Buying Greggs plc (LON:GRG)?
Jul 04Greggs (LON:GRG) Is Aiming To Keep Up Its Impressive Returns
May 04Here's Why I Think Greggs (LON:GRG) Is An Interesting Stock
Mar 08At UK£26.68, Is It Time To Put Greggs plc (LON:GRG) On Your Watch List?
Jan 31Returns On Capital At Greggs (LON:GRG) Paint A Concerning Picture
Nov 28Is There Now An Opportunity In Greggs plc (LON:GRG)?
Oct 17Greggs (LON:GRG) Might Be Having Difficulty Using Its Capital Effectively
Aug 26Greggs plc's (LON:GRG) Intrinsic Value Is Potentially 19% Below Its Share Price
May 05Is Greggs plc (LON:GRG) Potentially Undervalued?
Apr 14This Insider Has Just Sold Shares In Greggs plc (LON:GRG)
Mar 19How Many Greggs plc (LON:GRG) Shares Do Institutions Own?
Mar 15Has Greggs (LON:GRG) Got What It Takes To Become A Multi-Bagger?
Feb 26Have Insiders Been Buying Greggs plc (LON:GRG) Shares This Year?
Feb 08A Look At The Intrinsic Value Of Greggs plc (LON:GRG)
Jan 20Did You Participate In Any Of Greggs' (LON:GRG) Respectable 95% Return?
Jan 06Does Greggs (LON:GRG) Have A Healthy Balance Sheet?
Dec 21Are Greggs's (LON:GRG) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 11Here's What We Think About Greggs' (LON:GRG) CEO Pay
Nov 30Why Greggs plc (LON:GRG) Could Be Worth Watching
Nov 19Financial Position Analysis
Short Term Liabilities: GRG's short term assets (£297.9M) exceed its short term liabilities (£272.5M).
Long Term Liabilities: GRG's short term assets (£297.9M) do not cover its long term liabilities (£326.3M).
Debt to Equity History and Analysis
Debt Level: GRG is debt free.
Reducing Debt: GRG has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
Debt Coverage: GRG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRG has no debt, therefore coverage of interest payments is not a concern.