Manchester United Balance Sheet Health
Financial Health criteria checks 1/6
Manchester United has a total shareholder equity of £96.0M and total debt of £773.3M, which brings its debt-to-equity ratio to 805.4%. Its total assets and total liabilities are £1.5B and £1.4B respectively. Manchester United's EBIT is £671.0K making its interest coverage ratio 0. It has cash and short-term investments of £65.0M.
Key information
805.4%
Debt to equity ratio
UK£773.30m
Debt
Interest coverage ratio | 0.02x |
Cash | UK£65.02m |
Equity | UK£96.02m |
Total liabilities | UK£1.38b |
Total assets | UK£1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Z1Q's short term assets (£241.5M) do not cover its short term liabilities (£661.4M).
Long Term Liabilities: 0Z1Q's short term assets (£241.5M) do not cover its long term liabilities (£714.6M).
Debt to Equity History and Analysis
Debt Level: 0Z1Q's net debt to equity ratio (737.7%) is considered high.
Reducing Debt: 0Z1Q's debt to equity ratio has increased from 112.2% to 805.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 0Z1Q has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0Z1Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.