Grainger Balance Sheet Health
Financial Health criteria checks 3/6
Grainger has a total shareholder equity of £1.9B and total debt of £1.5B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are £3.7B and £1.8B respectively. Grainger's EBIT is £120.6M making its interest coverage ratio 5. It has cash and short-term investments of £166.3M.
Key information
79.5%
Debt to equity ratio
UK£1.53b
Debt
| Interest coverage ratio | 5x |
| Cash | UK£166.30m |
| Equity | UK£1.93b |
| Total liabilities | UK£1.79b |
| Total assets | UK£3.72b |
Recent financial health updates
Is Grainger (LON:GRI) Using Too Much Debt?
Jan 26
Is Grainger (LON:GRI) Using Too Much Debt?
Aug 16Is Grainger (LON:GRI) A Risky Investment?
May 13Here's Why Grainger (LON:GRI) Can Manage Its Debt Responsibly
Jan 13Does Grainger (LON:GRI) Have A Healthy Balance Sheet?
Jul 05These 4 Measures Indicate That Grainger (LON:GRI) Is Using Debt Reasonably Well
Mar 16Recent updates
Is Grainger (LON:GRI) Using Too Much Debt?
Jan 26Grainger (LON:GRI) Will Pay A Larger Dividend Than Last Year At £0.0437
Dec 13Grainger (LON:GRI) Has Announced That It Will Be Increasing Its Dividend To £0.0437
Nov 25Is Grainger (LON:GRI) Using Too Much Debt?
Aug 16Is Grainger (LON:GRI) A Risky Investment?
May 13Do Grainger's (LON:GRI) Earnings Warrant Your Attention?
Mar 16Here's Why Grainger (LON:GRI) Can Manage Its Debt Responsibly
Jan 13Grainger's (LON:GRI) Dividend Will Be Increased To £0.0389
Dec 20Grainger's (LON:GRI) Upcoming Dividend Will Be Larger Than Last Year's
Dec 01If EPS Growth Is Important To You, Grainger (LON:GRI) Presents An Opportunity
Aug 17Does Grainger (LON:GRI) Have A Healthy Balance Sheet?
Jul 05Is Now The Time To Put Grainger (LON:GRI) On Your Watchlist?
May 14These 4 Measures Indicate That Grainger (LON:GRI) Is Using Debt Reasonably Well
Mar 16Grainger (LON:GRI) Will Pay A Dividend Of UK£0.033
Dec 14Grainger (LON:GRI) Is Due To Pay A Dividend Of UK£0.033
Nov 21Are Grainger plc (LON:GRI) Investors Paying Above The Intrinsic Value?
Sep 30Is Grainger (LON:GRI) Using Too Much Debt?
Jun 12Grainger plc's (LON:GRI) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Mar 11Are Insiders Selling Grainger plc (LON:GRI) Stock?
Feb 11
Grainger (LON:GRI) Has Compensated Shareholders With A Respectable 43% Return On Their Investment
Jan 25How Is Grainger's (LON:GRI) CEO Compensated?
Jan 10Grainger (LON:GRI) Seems To Use Debt Quite Sensibly
Dec 26Grainger plc (LON:GRI) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Dec 11We're Not Counting On Grainger (LON:GRI) To Sustain Its Statutory Profitability
Nov 26Financial Position Analysis
Short Term Liabilities: GRI's short term assets (£592.5M) exceed its short term liabilities (£129.9M).
Long Term Liabilities: GRI's short term assets (£592.5M) do not cover its long term liabilities (£1.7B).
Debt to Equity History and Analysis
Debt Level: GRI's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: GRI's debt to equity ratio has reduced from 118.3% to 79.5% over the past 5 years.
Debt Coverage: GRI's debt is not well covered by operating cash flow (12%).
Interest Coverage: GRI's interest payments on its debt are well covered by EBIT (5x coverage).