Land Securities Group Balance Sheet Health
Financial Health criteria checks 0/6
Land Securities Group has a total shareholder equity of £6.5B and total debt of £3.6B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are £10.7B and £4.1B respectively. Land Securities Group's EBIT is £398.0M making its interest coverage ratio 2.9. It has cash and short-term investments of £37.0M.
Key information
55.4%
Debt to equity ratio
UK£3.62b
Debt
| Interest coverage ratio | 2.9x |
| Cash | UK£37.00m |
| Equity | UK£6.55b |
| Total liabilities | UK£4.11b |
| Total assets | UK£10.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LANDL's short term assets (£572.0M) do not cover its short term liabilities (£861.0M).
Long Term Liabilities: LANDL's short term assets (£572.0M) do not cover its long term liabilities (£3.3B).
Debt to Equity History and Analysis
Debt Level: LANDL's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: LANDL's debt to equity ratio has increased from 39.3% to 55.4% over the past 5 years.
Debt Coverage: LANDL's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: LANDL's interest payments on its debt are not well covered by EBIT (2.9x coverage).