Grainger Balance Sheet Health
Financial Health criteria checks 3/6
Grainger has a total shareholder equity of £1.9B and total debt of £1.6B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are £3.7B and £1.8B respectively. Grainger's EBIT is £125.0M making its interest coverage ratio 4.8. It has cash and short-term investments of £93.9M.
Key information
84.0%
Debt to equity ratio
UK£1.56b
Debt
Interest coverage ratio | 4.8x |
Cash | UK£93.90m |
Equity | UK£1.86b |
Total liabilities | UK£1.81b |
Total assets | UK£3.67b |
Recent financial health updates
Here's Why Grainger (LON:GRI) Has A Meaningful Debt Burden
May 24Is Grainger (LON:GRI) Using Too Much Debt?
Jan 26Is 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 05Recent updates
Here's Why Grainger (LON:GRI) Has A Meaningful Debt Burden
May 24Is 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 11Grainger (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 (£529.0M) exceed its short term liabilities (£138.7M).
Long Term Liabilities: GRI's short term assets (£529.0M) do not cover its long term liabilities (£1.7B).
Debt to Equity History and Analysis
Debt Level: GRI's net debt to equity ratio (78.9%) is considered high.
Reducing Debt: GRI's debt to equity ratio has reduced from 103.6% to 84% over the past 5 years.
Debt Coverage: GRI's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: GRI's interest payments on its debt are well covered by EBIT (4.8x coverage).