Imperial Brands Balance Sheet Health
Financial Health criteria checks 3/6
Imperial Brands has a total shareholder equity of £6.0B and total debt of £9.1B, which brings its debt-to-equity ratio to 151.2%. Its total assets and total liabilities are £27.8B and £21.8B respectively. Imperial Brands's EBIT is £3.5B making its interest coverage ratio -24.7. It has cash and short-term investments of £1.1B.
Key information
151.2%
Debt to equity ratio
UK£9.12b
Debt
| Interest coverage ratio | -24.7x |
| Cash | UK£1.14b |
| Equity | UK£6.03b |
| Total liabilities | UK£21.80b |
| Total assets | UK£27.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMBL's short term assets (£8.2B) do not cover its short term liabilities (£11.5B).
Long Term Liabilities: IMBL's short term assets (£8.2B) do not cover its long term liabilities (£10.3B).
Debt to Equity History and Analysis
Debt Level: IMBL's net debt to equity ratio (132.2%) is considered high.
Reducing Debt: IMBL's debt to equity ratio has reduced from 244.6% to 151.2% over the past 5 years.
Debt Coverage: IMBL's debt is well covered by operating cash flow (36.3%).
Interest Coverage: IMBL earns more interest than it pays, so coverage of interest payments is not a concern.