Big Yellow Group Balance Sheet Health
Financial Health criteria checks 4/6
Big Yellow Group has a total shareholder equity of £2.4B and total debt of £391.5M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are £2.9B and £459.6M respectively. Big Yellow Group's EBIT is £128.4M making its interest coverage ratio 5.1. It has cash and short-term investments of £9.4M.
Key information
16.0%
Debt to equity ratio
UK£391.52m
Debt
| Interest coverage ratio | 5.1x |
| Cash | UK£9.36m |
| Equity | UK£2.45b |
| Total liabilities | UK£459.64m |
| Total assets | UK£2.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYGL's short term assets (£20.0M) do not cover its short term liabilities (£55.0M).
Long Term Liabilities: BYGL's short term assets (£20.0M) do not cover its long term liabilities (£404.7M).
Debt to Equity History and Analysis
Debt Level: BYGL's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: BYGL's debt to equity ratio has reduced from 29.9% to 16% over the past 5 years.
Debt Coverage: BYGL's debt is well covered by operating cash flow (26.8%).
Interest Coverage: BYGL's interest payments on its debt are well covered by EBIT (5.1x coverage).