Marshalls Balance Sheet Health
Financial Health criteria checks 4/6
Marshalls has a total shareholder equity of £661.7M and total debt of £192.4M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are £1.1B and £454.5M respectively. Marshalls's EBIT is £49.5M making its interest coverage ratio 3.1. It has cash and short-term investments of £36.6M.
Key information
29.1%
Debt to equity ratio
UK£192.40m
Debt
| Interest coverage ratio | 3.1x |
| Cash | UK£36.60m |
| Equity | UK£661.70m |
| Total liabilities | UK£454.50m |
| Total assets | UK£1.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSLHl's short term assets (£285.5M) exceed its short term liabilities (£153.7M).
Long Term Liabilities: MSLHl's short term assets (£285.5M) do not cover its long term liabilities (£300.8M).
Debt to Equity History and Analysis
Debt Level: MSLHl's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: MSLHl's debt to equity ratio has increased from 23.7% to 29.1% over the past 5 years.
Debt Coverage: MSLHl's debt is well covered by operating cash flow (41.4%).
Interest Coverage: MSLHl's interest payments on its debt are well covered by EBIT (3.1x coverage).