British Land Balance Sheet Health
Financial Health criteria checks 1/6
British Land has a total shareholder equity of £5.4B and total debt of £2.3B, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are £8.1B and £2.7B respectively. British Land's EBIT is £430.0M making its interest coverage ratio 4.2. It has cash and short-term investments of £152.0M.
Key information
43.1%
Debt to equity ratio
UK£2.32b
Debt
| Interest coverage ratio | 4.2x |
| Cash | UK£152.00m |
| Equity | UK£5.37b |
| Total liabilities | UK£2.73b |
| Total assets | UK£8.10b |
Recent financial health updates
No updates
Recent updates
Here's Why British Land (LON:BLND) Has Caught The Eye Of Investors
Mar 15
British Land Company Plc (LON:BLND) Just Released Its Yearly Earnings: Here's What Analysts Think
May 28British Land's(LON:BLND) Share Price Is Down 28% Over The Past Five Years.
Feb 23How Many British Land Company Plc (LON:BLND) Shares Do Institutions Own?
Jan 02Christopher Grigg Is The Executive Director of British Land Company Plc (LON:BLND) And They Just Sold 28% Of Their Shares
Nov 28Financial Position Analysis
Short Term Liabilities: BLND's short term assets (£221.0M) do not cover its short term liabilities (£587.0M).
Long Term Liabilities: BLND's short term assets (£221.0M) do not cover its long term liabilities (£2.1B).
Debt to Equity History and Analysis
Debt Level: BLND's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: BLND's debt to equity ratio has increased from 30.8% to 43.1% over the past 5 years.
Debt Coverage: BLND's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: BLND's interest payments on its debt are well covered by EBIT (4.2x coverage).