Land Securities Group Balance Sheet Health
Financial Health criteria checks 1/6
Land Securities Group has a total shareholder equity of £6.7B and total debt of £3.7B, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are £10.9B and £4.2B respectively. Land Securities Group's EBIT is £431.0M making its interest coverage ratio 4. It has cash and short-term investments of £80.0M.
Key information
55.1%
Debt to equity ratio
UK£3.71b
Debt
Interest coverage ratio | 4x |
Cash | UK£80.00m |
Equity | UK£6.73b |
Total liabilities | UK£4.18b |
Total assets | UK£10.91b |
Recent financial health updates
No updates
Recent updates
When Can We Expect A Profit From Land Securities Group plc (LON:LAND)?
Apr 19Land Securities Group plc (LON:LAND) Insiders Increased Their Holdings
Mar 15Land Securities Group's (LON:LAND) Shareholders Are Down 42% On Their Shares
Feb 08Land Securities Group plc (LON:LAND): When Will It Breakeven?
Jan 04The CEO & Executive Director of Land Securities Group plc (LON:LAND), Mark Allan, Just Bought 41% More Shares
Nov 22Financial Position Analysis
Short Term Liabilities: LAND's short term assets (£597.0M) do not cover its short term liabilities (£1.2B).
Long Term Liabilities: LAND's short term assets (£597.0M) do not cover its long term liabilities (£3.0B).
Debt to Equity History and Analysis
Debt Level: LAND's net debt to equity ratio (53.9%) is considered high.
Reducing Debt: LAND's debt to equity ratio has increased from 36.1% to 55.1% over the past 5 years.
Debt Coverage: LAND's debt is not well covered by operating cash flow (9%).
Interest Coverage: LAND's interest payments on its debt are well covered by EBIT (4x coverage).