Britvic Balance Sheet Health
Financial Health criteria checks 4/6
Britvic has a total shareholder equity of £391.7M and total debt of £650.8M, which brings its debt-to-equity ratio to 166.1%. Its total assets and total liabilities are £1.9B and £1.5B respectively. Britvic's EBIT is £181.5M making its interest coverage ratio 7.4. It has cash and short-term investments of £100.1M.
Key information
166.1%
Debt to equity ratio
UK£650.80m
Debt
Interest coverage ratio | 7.4x |
Cash | UK£100.10m |
Equity | UK£391.70m |
Total liabilities | UK£1.51b |
Total assets | UK£1.90b |
Recent financial health updates
Britvic (LON:BVIC) Has A Pretty Healthy Balance Sheet
Jul 13Is Britvic (LON:BVIC) A Risky Investment?
Jan 12Is Britvic (LON:BVIC) Using Too Much Debt?
Sep 17Is Britvic (LON:BVIC) Using Too Much Debt?
Jun 14Is Britvic (LON:BVIC) A Risky Investment?
Feb 04Is Britvic (LON:BVIC) Using Too Much Debt?
Sep 07Recent updates
Is There An Opportunity With Britvic plc's (LON:BVIC) 39% Undervaluation?
Mar 18Returns On Capital At Britvic (LON:BVIC) Have Stalled
Feb 28Britvic (LON:BVIC) Is Increasing Its Dividend To £0.226
Dec 13Britvic (LON:BVIC) Is Paying Out A Larger Dividend Than Last Year
Nov 29Britvic plc (LON:BVIC) Shares Could Be 27% Below Their Intrinsic Value Estimate
Nov 03We Ran A Stock Scan For Earnings Growth And Britvic (LON:BVIC) Passed With Ease
Sep 28Here's What To Make Of Britvic's (LON:BVIC) Decelerating Rates Of Return
Aug 22Britvic (LON:BVIC) Has A Pretty Healthy Balance Sheet
Jul 13A Look At The Intrinsic Value Of Britvic plc (LON:BVIC)
Jun 19Britvic (LON:BVIC) Is Paying Out A Larger Dividend Than Last Year
May 19The Returns At Britvic (LON:BVIC) Aren't Growing
Apr 21Is Now The Time To Put Britvic (LON:BVIC) On Your Watchlist?
Mar 22Is Britvic (LON:BVIC) A Risky Investment?
Jan 12Return Trends At Britvic (LON:BVIC) Aren't Appealing
Nov 29Calculating The Intrinsic Value Of Britvic plc (LON:BVIC)
Nov 08Is Britvic (LON:BVIC) Using Too Much Debt?
Sep 17Here's What To Make Of Britvic's (LON:BVIC) Decelerating Rates Of Return
Aug 29Are Investors Undervaluing Britvic plc (LON:BVIC) By 30%?
Jul 24Is Britvic (LON:BVIC) Using Too Much Debt?
Jun 14Returns On Capital Signal Tricky Times Ahead For Britvic (LON:BVIC)
Apr 08Britvic plc's (LON:BVIC) Intrinsic Value Is Potentially 33% Above Its Share Price
Feb 21Is Britvic (LON:BVIC) A Risky Investment?
Feb 04Britvic (LON:BVIC) Could Be Struggling To Allocate Capital
Dec 29Britvic (LON:BVIC) Will Pay A Smaller Dividend Than Last Year
Dec 12Britvic's (LON:BVIC) Dividend Is Being Reduced To UK£0.18
Nov 27Estimating The Intrinsic Value Of Britvic plc (LON:BVIC)
Nov 10Returns On Capital At Britvic (LON:BVIC) Paint A Concerning Picture
Sep 28Is Britvic (LON:BVIC) Using Too Much Debt?
Sep 07Is There An Opportunity With Britvic plc's (LON:BVIC) 39% Undervaluation?
Aug 03Here's What's Concerning About Britvic's (LON:BVIC) Returns On Capital
Jun 21Does Britvic (LON:BVIC) Have A Healthy Balance Sheet?
Jun 06Results: Britvic plc Beat Earnings Expectations And Analysts Now Have New Forecasts
May 20Are Investors Undervaluing Britvic plc (LON:BVIC) By 21%?
Apr 29What Does Britvic plc's (LON:BVIC) Share Price Indicate?
Apr 07How Many Britvic plc (LON:BVIC) Shares Do Institutions Own?
Mar 18We're Watching These Trends At Britvic (LON:BVIC)
Mar 04Should Britvic plc (LON:BVIC) Be Part Of Your Dividend Portfolio?
Feb 17Shareholders Of Britvic (LON:BVIC) Must Be Happy With Their 40% Return
Feb 03Is Britvic plc (LON:BVIC) A High Quality Stock To Own?
Jan 20An Intrinsic Calculation For Britvic plc (LON:BVIC) Suggests It's 29% Undervalued
Jan 07Is Britvic (LON:BVIC) A Risky Investment?
Dec 26Britvic plc (LON:BVIC) Stock Goes Ex-Dividend In Just Three Days
Dec 13Have Insiders Been Selling Britvic plc (LON:BVIC) Shares This Year?
Dec 06Financial Position Analysis
Short Term Liabilities: BVIC's short term assets (£765.0M) do not cover its short term liabilities (£781.7M).
Long Term Liabilities: BVIC's short term assets (£765.0M) exceed its long term liabilities (£724.6M).
Debt to Equity History and Analysis
Debt Level: BVIC's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: BVIC's debt to equity ratio has reduced from 204.5% to 166.1% over the past 5 years.
Debt Coverage: BVIC's debt is well covered by operating cash flow (36.6%).
Interest Coverage: BVIC's interest payments on its debt are well covered by EBIT (7.4x coverage).