Breedon Group Balance Sheet Health
Financial Health criteria checks 6/6
Breedon Group has a total shareholder equity of £1.1B and total debt of £248.8M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are £1.9B and £762.1M respectively. Breedon Group's EBIT is £153.6M making its interest coverage ratio 20.2. It has cash and short-term investments of £126.9M.
Key information
22.4%
Debt to equity ratio
UK£248.80m
Debt
Interest coverage ratio | 20.2x |
Cash | UK£126.90m |
Equity | UK£1.11b |
Total liabilities | UK£762.10m |
Total assets | UK£1.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BREEL's short term assets (£474.9M) exceed its short term liabilities (£295.6M).
Long Term Liabilities: BREEL's short term assets (£474.9M) exceed its long term liabilities (£466.5M).
Debt to Equity History and Analysis
Debt Level: BREEL's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: BREEL's debt to equity ratio has reduced from 43.6% to 22.4% over the past 5 years.
Debt Coverage: BREEL's debt is well covered by operating cash flow (77.1%).
Interest Coverage: BREEL's interest payments on its debt are well covered by EBIT (20.2x coverage).