Bakkavor Group Balance Sheet Health
Financial Health criteria checks 4/6
Bakkavor Group has a total shareholder equity of £619.2M and total debt of £247.5M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are £1.5B and £884.6M respectively. Bakkavor Group's EBIT is £109.0M making its interest coverage ratio 4.2. It has cash and short-term investments of £45.5M.
Key information
40.0%
Debt to equity ratio
UK£247.50m
Debt
| Interest coverage ratio | 4.2x |
| Cash | UK£45.50m |
| Equity | UK£619.20m |
| Total liabilities | UK£884.60m |
| Total assets | UK£1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAKKL's short term assets (£316.6M) do not cover its short term liabilities (£509.4M).
Long Term Liabilities: BAKKL's short term assets (£316.6M) do not cover its long term liabilities (£375.2M).
Debt to Equity History and Analysis
Debt Level: BAKKL's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: BAKKL's debt to equity ratio has reduced from 66.2% to 40% over the past 5 years.
Debt Coverage: BAKKL's debt is well covered by operating cash flow (62.7%).
Interest Coverage: BAKKL's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:58 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/29 |
| Annual Earnings | 2023/12/30 |
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
Bakkavor Group plc is covered by 14 analysts. 6 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 |
|---|---|
| Sriram Gurijala | Barclays |
| Fintan Ryan | Berenberg |
| Cedric Besnard | Citigroup Inc |