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
Is Bakkavor Group (LON:BAKK) A Risky Investment?
Sep 26
These 4 Measures Indicate That Bakkavor Group (LON:BAKK) Is Using Debt Extensively
Nov 05We Think Bakkavor Group (LON:BAKK) Is Taking Some Risk With Its Debt
Jun 25Is Bakkavor Group (LON:BAKK) Using Too Much Debt?
Mar 18Recent updates
Is Bakkavor Group plc (LON:BAKK) Trading At A 24% Discount?
Jan 16Why Investors Shouldn't Be Surprised By Bakkavor Group plc's (LON:BAKK) Low P/E
Dec 16Is Bakkavor Group (LON:BAKK) A Risky Investment?
Sep 26Bakkavor Group (LON:BAKK) Is Due To Pay A Dividend Of £0.032
Sep 08Bakkavor Group's (LON:BAKK) Returns Have Hit A Wall
Aug 07Unpleasant Surprises Could Be In Store For Bakkavor Group plc's (LON:BAKK) Shares
Jul 11Bakkavor Group plc's (LON:BAKK) Intrinsic Value Is Potentially 47% Above Its Share Price
May 21Bakkavor Group (LON:BAKK) Is Increasing Its Dividend To £0.0437
Apr 25Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0437
Mar 16Results: Bakkavor Group plc Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 08Bakkavor Group (LON:BAKK) Is Paying Out A Larger Dividend Than Last Year
Sep 09Here's What's Concerning About Bakkavor Group's (LON:BAKK) Returns On Capital
Jul 22Bakkavor Group's (LON:BAKK) Returns On Capital Not Reflecting Well On The Business
Apr 15Bakkavor Group's (LON:BAKK) Dividend Will Be Increased To £0.0416
Mar 11Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 28%?
Oct 06Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0277
Sep 11Why Bakkavor Group plc (LON:BAKK) Could Be Worth Watching
Jul 20Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return
May 10Bakkavor Group (LON:BAKK) Has Affirmed Its Dividend Of UK£0.04
Apr 19Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?
Apr 05Bakkavor Group (LON:BAKK) Has Some Way To Go To Become A Multi-Bagger
Jan 13A Look At The Fair Value Of Bakkavor Group plc (LON:BAKK)
Dec 25Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?
Dec 07These 4 Measures Indicate That Bakkavor Group (LON:BAKK) Is Using Debt Extensively
Nov 05Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return
Aug 21Is Bakkavor Group plc (LON:BAKK) Trading At A 36% Discount?
Jul 31At UK£1.31, Is Bakkavor Group plc (LON:BAKK) Worth Looking At Closely?
Jul 12We Think Bakkavor Group (LON:BAKK) Is Taking Some Risk With Its Debt
Jun 25Bakkavor Group (LON:BAKK) Will Be Hoping To Turn Its Returns On Capital Around
May 03Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 30%?
Apr 18Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?
Apr 03Is Bakkavor Group (LON:BAKK) Using Too Much Debt?
Mar 18Financial Position Analysis
Short Term Liabilities: BAKK's short term assets (£316.6M) do not cover its short term liabilities (£509.4M).
Long Term Liabilities: BAKK's short term assets (£316.6M) do not cover its long term liabilities (£375.2M).
Debt to Equity History and Analysis
Debt Level: BAKK's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: BAKK's debt to equity ratio has reduced from 66.2% to 40% over the past 5 years.
Debt Coverage: BAKK's debt is well covered by operating cash flow (62.7%).
Interest Coverage: BAKK'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 | 2025/02/15 13:04 |
| End of Day Share Price | 2025/02/14 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.
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 Github.
Analyst Sources
Bakkavor Group plc is covered by 15 analysts. 7 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 |
| Danping Liu | Citigroup Inc |