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
These 4 Measures Indicate That Marshalls (LON:MSLH) Is Using Debt Reasonably Well
Sep 08These 4 Measures Indicate That Marshalls (LON:MSLH) Is Using Debt Reasonably Well
Sep 28Here's Why Marshalls (LON:MSLH) Can Manage Its Debt Responsibly
Jun 15Does Marshalls (LON:MSLH) Have A Healthy Balance Sheet?
Oct 10Does Marshalls (LON:MSLH) Have A Healthy Balance Sheet?
Nov 25Is Marshalls (LON:MSLH) A Risky Investment?
Aug 24Recent updates
These 4 Measures Indicate That Marshalls (LON:MSLH) Is Using Debt Reasonably Well
Sep 08Marshalls (LON:MSLH) Has Announced A Dividend Of £0.026
Aug 21There May Be Reason For Hope In Marshalls' (LON:MSLH) Disappointing Earnings
Aug 19Here's What Analysts Are Forecasting For Marshalls plc (LON:MSLH) After Its Half-Yearly Results
Aug 15A Look At The Fair Value Of Marshalls plc (LON:MSLH)
Aug 03Should You Think About Buying Marshalls plc (LON:MSLH) Now?
Jun 10After Leaping 26% Marshalls plc (LON:MSLH) Shares Are Not Flying Under The Radar
May 22Marshalls (LON:MSLH) Has Announced A Dividend Of £0.057
Apr 13Marshalls (LON:MSLH) Has Announced A Dividend Of £0.057
Mar 21Is Marshalls plc (LON:MSLH) Worth UK£2.9 Based On Its Intrinsic Value?
Mar 17Marshalls plc's (LON:MSLH) P/E Is On The Mark
Jan 25Is Now An Opportune Moment To Examine Marshalls plc (LON:MSLH)?
Dec 02These 4 Measures Indicate That Marshalls (LON:MSLH) Is Using Debt Reasonably Well
Sep 28Marshalls (LON:MSLH) Is Reducing Its Dividend To £0.026
Sep 02Marshalls' (LON:MSLH) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 19Why Marshalls plc (LON:MSLH) Could Be Worth Watching
Aug 03Here's Why Marshalls (LON:MSLH) Can Manage Its Debt Responsibly
Jun 15Estimating The Intrinsic Value Of Marshalls plc (LON:MSLH)
May 24Marshalls' (LON:MSLH) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05Marshalls (LON:MSLH) Is Increasing Its Dividend To £0.099
Mar 18Is There Now An Opportunity In Marshalls plc (LON:MSLH)?
Mar 07A Look At The Intrinsic Value Of Marshalls plc (LON:MSLH)
Feb 03Should You Investigate Marshalls plc (LON:MSLH) At UK£3.00?
Nov 13Does Marshalls (LON:MSLH) Have A Healthy Balance Sheet?
Oct 10Marshalls (LON:MSLH) Is Increasing Its Dividend To £0.057
Aug 21Is There An Opportunity With Marshalls plc's (LON:MSLH) 45% Undervaluation?
Jun 19Marshalls (LON:MSLH) Is Increasing Its Dividend To UK£0.096
May 08Marshalls' (LON:MSLH) Dividend Will Be Increased To UK£0.096
Apr 24Marshalls (LON:MSLH) Is Increasing Its Dividend To UK£0.096
Apr 04Marshalls' (LON:MSLH) Returns Have Hit A Wall
Jan 30Estimating The Intrinsic Value Of Marshalls plc (LON:MSLH)
Jan 11Does Marshalls (LON:MSLH) Have A Healthy Balance Sheet?
Nov 25A Look At The Fair Value Of Marshalls plc (LON:MSLH)
Oct 08Marshalls (LON:MSLH) Has Some Way To Go To Become A Multi-Bagger
Sep 23Is Marshalls (LON:MSLH) A Risky Investment?
Aug 24A Look At The Fair Value Of Marshalls plc (LON:MSLH)
Jun 16Here's Why Shareholders May Want To Be Cautious With Increasing Marshalls plc's (LON:MSLH) CEO Pay Packet
May 06Should You Buy Marshalls plc (LON:MSLH) For Its Dividend?
May 05Financial Position Analysis
Short Term Liabilities: MSLH's short term assets (£285.5M) exceed its short term liabilities (£153.7M).
Long Term Liabilities: MSLH's short term assets (£285.5M) do not cover its long term liabilities (£300.8M).
Debt to Equity History and Analysis
Debt Level: MSLH's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: MSLH's debt to equity ratio has increased from 23.7% to 29.1% over the past 5 years.
Debt Coverage: MSLH's debt is well covered by operating cash flow (41.4%).
Interest Coverage: MSLH's interest payments on its debt are well covered by EBIT (3.1x coverage).