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 ratio4.2x
CashUK£45.50m
EquityUK£619.20m
Total liabilitiesUK£884.60m
Total assetsUK£1.50b

Recent financial health updates

Recent updates

Is Bakkavor Group plc (LON:BAKK) Trading At A 24% Discount?

Jan 16
Is Bakkavor Group plc (LON:BAKK) Trading At A 24% Discount?

Why Investors Shouldn't Be Surprised By Bakkavor Group plc's (LON:BAKK) Low P/E

Dec 16
Why Investors Shouldn't Be Surprised By Bakkavor Group plc's (LON:BAKK) Low P/E

Is Bakkavor Group (LON:BAKK) A Risky Investment?

Sep 26
Is Bakkavor Group (LON:BAKK) A Risky Investment?

Bakkavor Group (LON:BAKK) Is Due To Pay A Dividend Of £0.032

Sep 08
Bakkavor Group (LON:BAKK) Is Due To Pay A Dividend Of £0.032

Bakkavor Group's (LON:BAKK) Returns Have Hit A Wall

Aug 07
Bakkavor Group's (LON:BAKK) Returns Have Hit A Wall

Unpleasant Surprises Could Be In Store For Bakkavor Group plc's (LON:BAKK) Shares

Jul 11
Unpleasant Surprises Could Be In Store For Bakkavor Group plc's (LON:BAKK) Shares

Bakkavor Group plc's (LON:BAKK) Intrinsic Value Is Potentially 47% Above Its Share Price

May 21
Bakkavor Group plc's (LON:BAKK) Intrinsic Value Is Potentially 47% Above Its Share Price

Bakkavor Group (LON:BAKK) Is Increasing Its Dividend To £0.0437

Apr 25
Bakkavor Group (LON:BAKK) Is Increasing Its Dividend To £0.0437

Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0437

Mar 16
Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0437

Results: Bakkavor Group plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 08
Results: Bakkavor Group plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Bakkavor Group (LON:BAKK) Is Paying Out A Larger Dividend Than Last Year

Sep 09
Bakkavor Group (LON:BAKK) Is Paying Out A Larger Dividend Than Last Year

Here's What's Concerning About Bakkavor Group's (LON:BAKK) Returns On Capital

Jul 22
Here's What's Concerning About Bakkavor Group's (LON:BAKK) Returns On Capital

Bakkavor Group's (LON:BAKK) Returns On Capital Not Reflecting Well On The Business

Apr 15
Bakkavor Group's (LON:BAKK) Returns On Capital Not Reflecting Well On The Business

Bakkavor Group's (LON:BAKK) Dividend Will Be Increased To £0.0416

Mar 11
Bakkavor Group's (LON:BAKK) Dividend Will Be Increased To £0.0416

Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 28%?

Oct 06
Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 28%?

Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0277

Sep 11
Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0277

Why Bakkavor Group plc (LON:BAKK) Could Be Worth Watching

Jul 20
Why Bakkavor Group plc (LON:BAKK) Could Be Worth Watching

Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return

May 10
Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return

Bakkavor Group (LON:BAKK) Has Affirmed Its Dividend Of UK£0.04

Apr 19
Bakkavor Group (LON:BAKK) Has Affirmed Its Dividend Of UK£0.04

Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?

Apr 05
Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?

Bakkavor Group (LON:BAKK) Has Some Way To Go To Become A Multi-Bagger

Jan 13
Bakkavor Group (LON:BAKK) Has Some Way To Go To Become A Multi-Bagger

A Look At The Fair Value Of Bakkavor Group plc (LON:BAKK)

Dec 25
A Look At The Fair Value Of Bakkavor Group plc (LON:BAKK)

Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?

Dec 07
Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?

These 4 Measures Indicate That Bakkavor Group (LON:BAKK) Is Using Debt Extensively

Nov 05
These 4 Measures Indicate That Bakkavor Group (LON:BAKK) Is Using Debt Extensively

Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return

Aug 21
Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return

Is Bakkavor Group plc (LON:BAKK) Trading At A 36% Discount?

Jul 31
Is Bakkavor Group plc (LON:BAKK) Trading At A 36% Discount?

At UK£1.31, Is Bakkavor Group plc (LON:BAKK) Worth Looking At Closely?

Jul 12
At UK£1.31, Is Bakkavor Group plc (LON:BAKK) Worth Looking At Closely?

We Think Bakkavor Group (LON:BAKK) Is Taking Some Risk With Its Debt

Jun 25
We Think Bakkavor Group (LON:BAKK) Is Taking Some Risk With Its Debt

Bakkavor Group (LON:BAKK) Will Be Hoping To Turn Its Returns On Capital Around

May 03
Bakkavor Group (LON:BAKK) Will Be Hoping To Turn Its Returns On Capital Around

Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 30%?

Apr 18
Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 30%?

Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?

Apr 03
Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?

Is Bakkavor Group (LON:BAKK) Using Too Much Debt?

Mar 18
Is Bakkavor Group (LON:BAKK) Using Too Much Debt?

Financial 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

DataLast Updated (UTC time)
Company Analysis2025/02/06 09:42
End of Day Share Price 2025/02/06 00:00
Earnings2024/06/29
Annual Earnings2023/12/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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.

AnalystInstitution
Sriram GurijalaBarclays
Fintan RyanBerenberg
Danping LiuCitigroup Inc