WPP Balance Sheet Health
Financial Health criteria checks 3/6
WPP has a total shareholder equity of £3.8B and total debt of £4.7B, which brings its debt-to-equity ratio to 123.2%. Its total assets and total liabilities are £26.6B and £22.8B respectively. WPP's EBIT is £520.7M making its interest coverage ratio 2.1. It has cash and short-term investments of £2.2B.
Key information
123.2%
Debt to equity ratio
UK£4.72b
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£2.22b |
| Equity | UK£3.83b |
| Total liabilities | UK£22.79b |
| Total assets | UK£26.62b |
Recent financial health updates
Does WPP (LON:WPP) Have A Healthy Balance Sheet?
Mar 15
Is WPP (LON:WPP) Using Too Much Debt?
Oct 29Is WPP (LON:WPP) Using Too Much Debt?
Jun 19Is WPP (LON:WPP) A Risky Investment?
Dec 06WPP (LON:WPP) Has A Pretty Healthy Balance Sheet
Feb 26WPP (LON:WPP) Has A Pretty Healthy Balance Sheet
Sep 23Recent updates
WPP (LON:WPP) Is Paying Out A Dividend Of £0.244
Apr 16WPP (LON:WPP) Is Due To Pay A Dividend Of £0.244
Mar 28Does WPP (LON:WPP) Have A Healthy Balance Sheet?
Mar 15Is Now An Opportune Moment To Examine WPP plc (LON:WPP)?
Feb 24WPP plc's (LON:WPP) Subdued P/E Might Signal An Opportunity
Jan 08WPP plc's (LON:WPP) Intrinsic Value Is Potentially 100% Above Its Share Price
Dec 21Is WPP (LON:WPP) Using Too Much Debt?
Oct 29WPP (LON:WPP) Is Due To Pay A Dividend Of £0.15
Oct 11WPP (LON:WPP) Is Due To Pay A Dividend Of £0.15
Sep 19WPP (LON:WPP) Is Paying Out A Dividend Of £0.15
Aug 22WPP (LON:WPP) Is Due To Pay A Dividend Of £0.15
Aug 08An Intrinsic Calculation For WPP plc (LON:WPP) Suggests It's 36% Undervalued
Jul 25Is WPP plc (LON:WPP) Potentially Undervalued?
Jul 07Is WPP (LON:WPP) Using Too Much Debt?
Jun 19WPP (LON:WPP) Will Pay A Larger Dividend Than Last Year At £0.244
May 19Are Investors Undervaluing WPP plc (LON:WPP) By 44%?
Apr 23WPP (LON:WPP) Has Announced That It Will Be Increasing Its Dividend To £0.244
Apr 05Is It Time To Consider Buying WPP plc (LON:WPP)?
Mar 13WPP (LON:WPP) Is Paying Out A Larger Dividend Than Last Year
Feb 26An Intrinsic Calculation For WPP plc (LON:WPP) Suggests It's 50% Undervalued
Jan 12Is WPP (LON:WPP) A Risky Investment?
Dec 06WPP (LON:WPP) Will Pay A Larger Dividend Than Last Year At £0.15
Oct 05WPP (LON:WPP) Has Announced That It Will Be Increasing Its Dividend To £0.15
Sep 07WPP (LON:WPP) Has Announced That It Will Be Increasing Its Dividend To £0.15
Aug 24WPP (LON:WPP) Is Increasing Its Dividend To £0.15
Aug 09Is Now The Time To Look At Buying WPP plc (LON:WPP)?
Jul 25WPP (LON:WPP) Has A Pretty Healthy Balance Sheet
Feb 26Should You Think About Buying WPP plc (LON:WPP) Now?
Jan 26WPP plc (LON:WPP) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jan 05WPP (LON:WPP) Has A Pretty Healthy Balance Sheet
Sep 23Should You Investigate WPP plc (LON:WPP) At UK£9.92?
Sep 02Financial Position Analysis
Short Term Liabilities: WPP's short term assets (£13.9B) do not cover its short term liabilities (£16.3B).
Long Term Liabilities: WPP's short term assets (£13.9B) exceed its long term liabilities (£6.5B).
Debt to Equity History and Analysis
Debt Level: WPP's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: WPP's debt to equity ratio has reduced from 154.2% to 123.2% over the past 5 years.
Debt Coverage: WPP's debt is well covered by operating cash flow (26.2%).
Interest Coverage: WPP's interest payments on its debt are not well covered by EBIT (2.1x coverage).