Big Yellow Group Balance Sheet Health
Financial Health criteria checks 4/6
Big Yellow Group has a total shareholder equity of £2.6B and total debt of £362.7M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are £3.0B and £438.8M respectively. Big Yellow Group's EBIT is £127.6M making its interest coverage ratio 6.1. It has cash and short-term investments of £5.6M.
Key information
14.2%
Debt to equity ratio
UK£362.73m
Debt
| Interest coverage ratio | 6.1x |
| Cash | UK£5.60m |
| Equity | UK£2.55b |
| Total liabilities | UK£438.81m |
| Total assets | UK£2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYGL's short term assets (£19.6M) do not cover its short term liabilities (£63.7M).
Long Term Liabilities: BYGL's short term assets (£19.6M) do not cover its long term liabilities (£375.1M).
Debt to Equity History and Analysis
Debt Level: BYGL's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: BYGL's debt to equity ratio has reduced from 29.2% to 14.2% over the past 5 years.
Debt Coverage: BYGL's debt is well covered by operating cash flow (31.5%).
Interest Coverage: BYGL's interest payments on its debt are well covered by EBIT (6.1x coverage).