Associated British Foods Balance Sheet Health
Financial Health criteria checks 6/6
Associated British Foods has a total shareholder equity of £11.3B and total debt of £613.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are £19.0B and £7.7B respectively. Associated British Foods's EBIT is £1.9B making its interest coverage ratio 29.8. It has cash and short-term investments of £1.7B.
Key information
5.4%
Debt to equity ratio
UK£613.00m
Debt
| Interest coverage ratio | 29.8x |
| Cash | UK£1.66b |
| Equity | UK£11.28b |
| Total liabilities | UK£7.74b |
| Total assets | UK£19.01b |
Recent financial health updates
Associated British Foods (LON:ABF) Has A Pretty Healthy Balance Sheet
Nov 21
These 4 Measures Indicate That Associated British Foods (LON:ABF) Is Using Debt Safely
May 27Recent updates
Associated British Foods plc's (LON:ABF) Low P/E No Reason For Excitement
Dec 06Associated British Foods (LON:ABF) Has A Pretty Healthy Balance Sheet
Nov 21Associated British Foods (LON:ABF) Is Paying Out A Larger Dividend Than Last Year
Nov 08Is It Too Late To Consider Buying Associated British Foods plc (LON:ABF)?
Nov 01Calculating The Intrinsic Value Of Associated British Foods plc (LON:ABF)
Oct 10Returns On Capital At Associated British Foods (LON:ABF) Have Stalled
Aug 27Risks To Shareholder Returns Are Elevated At These Prices For Associated British Foods plc (LON:ABF)
Aug 12Here's Why We Think Associated British Foods (LON:ABF) Might Deserve Your Attention Today
Jul 27Is Now An Opportune Moment To Examine Associated British Foods plc (LON:ABF)?
Jul 12These 4 Measures Indicate That Associated British Foods (LON:ABF) Is Using Debt Safely
May 27Associated British Foods plc's (LON:ABF) Shareholders Might Be Looking For Exit
May 12The Associated British Foods plc (LON:ABF) Half-Yearly Results Are Out And Analysts Have Published New Forecasts
Apr 26Associated British Foods (LON:ABF) Will Be Hoping To Turn Its Returns On Capital Around
Apr 17Does Associated British Foods (LON:ABF) Deserve A Spot On Your Watchlist?
Apr 02Associated British Foods plc (LON:ABF) Shares Could Be 49% Below Their Intrinsic Value Estimate
Mar 01Is Now The Time To Look At Buying Associated British Foods plc (LON:ABF)?
Feb 01Investors Aren't Entirely Convinced By Associated British Foods plc's (LON:ABF) Earnings
Jan 19Associated British Foods' (LON:ABF) Returns On Capital Not Reflecting Well On The Business
Jan 06Here's Why We Think Associated British Foods (LON:ABF) Is Well Worth Watching
Dec 22Financial Position Analysis
Short Term Liabilities: ABF's short term assets (£6.5B) exceed its short term liabilities (£3.7B).
Long Term Liabilities: ABF's short term assets (£6.5B) exceed its long term liabilities (£4.1B).
Debt to Equity History and Analysis
Debt Level: ABF has more cash than its total debt.
Reducing Debt: ABF's debt to equity ratio has reduced from 6% to 5.4% over the past 5 years.
Debt Coverage: ABF's debt is well covered by operating cash flow (468.8%).
Interest Coverage: ABF's interest payments on its debt are well covered by EBIT (29.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/14 |
| Annual Earnings | 2024/09/14 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Associated British Foods plc is covered by 44 analysts. 16 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 |
|---|---|
| Rebecca McClellan | Banco Santander |
| Alexandra Oldroyd | Barclays |
| Nicolas Ceron | Barclays |