Mitchells & Butlers Balance Sheet Health
Financial Health criteria checks 1/6
Mitchells & Butlers has a total shareholder equity of £2.1B and total debt of £1.3B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are £4.8B and £2.7B respectively. Mitchells & Butlers's EBIT is £222.0M making its interest coverage ratio 2.1. It has cash and short-term investments of £126.0M.
Key information
62.8%
Debt to equity ratio
UK£1.34b
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£126.00m |
| Equity | UK£2.13b |
| Total liabilities | UK£2.67b |
| Total assets | UK£4.80b |
Recent financial health updates
Mitchells & Butlers (LON:MAB) Use Of Debt Could Be Considered Risky
Jan 24
Does Mitchells & Butlers (LON:MAB) Have A Healthy Balance Sheet?
Sep 28These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively
Jun 16These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively
Aug 05Is Mitchells & Butlers (LON:MAB) Using Debt In A Risky Way?
Jul 27Mitchells & Butlers (LON:MAB) Has Debt But No Earnings; Should You Worry?
Feb 26Recent updates
Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital
May 02Mitchells & Butlers plc's (LON:MAB) Popularity With Investors Is Under Threat From Overpricing
Apr 10Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?
Mar 20Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)
Feb 29Mitchells & Butlers (LON:MAB) Use Of Debt Could Be Considered Risky
Jan 24Revenues Not Telling The Story For Mitchells & Butlers plc (LON:MAB)
Dec 29Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital
Dec 02Does Mitchells & Butlers (LON:MAB) Have A Healthy Balance Sheet?
Sep 28Mitchells & Butlers' (LON:MAB) Returns Have Hit A Wall
Aug 18These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively
Jun 16The Returns At Mitchells & Butlers (LON:MAB) Aren't Growing
May 16Should You Investigate Mitchells & Butlers plc (LON:MAB) At UK£1.52?
Mar 16Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching
Dec 08Mitchells & Butlers' (LON:MAB) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Sep 21An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 48% Undervalued
Aug 26These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively
Aug 05Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching
Jun 23The Returns On Capital At Mitchells & Butlers (LON:MAB) Don't Inspire Confidence
May 31Is Mitchells & Butlers plc (LON:MAB) Trading At A 34% Discount?
May 06Mitchells & Butlers plc (LON:MAB) Shares Could Be 25% Below Their Intrinsic Value Estimate
Dec 24Analysts Are Updating Their Mitchells & Butlers plc (LON:MAB) Estimates After Its Yearly Results
Nov 28An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 25% Undervalued
Sep 08Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?
Aug 17Is Mitchells & Butlers (LON:MAB) Using Debt In A Risky Way?
Jul 27Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)
May 24Should You Think About Buying Mitchells & Butlers plc (LON:MAB) Now?
May 04CEO & Director Philip Urban Just Bought 39% More Shares In Mitchells & Butlers plc (LON:MAB)
Mar 17Mitchells & Butlers (LON:MAB) Has Debt But No Earnings; Should You Worry?
Feb 26Are Investors Undervaluing Mitchells & Butlers plc (LON:MAB) By 48%?
Dec 01Financial Position Analysis
Short Term Liabilities: MAB's short term assets (£277.0M) do not cover its short term liabilities (£671.0M).
Long Term Liabilities: MAB's short term assets (£277.0M) do not cover its long term liabilities (£2.0B).
Debt to Equity History and Analysis
Debt Level: MAB's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: MAB's debt to equity ratio has reduced from 125.5% to 62.8% over the past 5 years.
Debt Coverage: MAB's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: MAB's interest payments on its debt are not well covered by EBIT (2.1x coverage).