Derwent London Balance Sheet Health
Financial Health criteria checks 2/6
Derwent London has a total shareholder equity of £3.5B and total debt of £1.3B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are £5.0B and £1.5B respectively. Derwent London's EBIT is £154.1M making its interest coverage ratio 3.9. It has cash and short-term investments of £73.0M.
Key information
38.1%
Debt to equity ratio
UK£1.34b
Debt
Interest coverage ratio | 3.9x |
Cash | UK£73.00m |
Equity | UK£3.51b |
Total liabilities | UK£1.52b |
Total assets | UK£5.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DLN's short term assets (£185.0M) do not cover its short term liabilities (£251.4M).
Long Term Liabilities: DLN's short term assets (£185.0M) do not cover its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: DLN's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: DLN's debt to equity ratio has increased from 21.5% to 38.1% over the past 5 years.
Debt Coverage: DLN's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: DLN's interest payments on its debt are well covered by EBIT (3.9x coverage).