B&M European Value Retail Balance Sheet Health
Financial Health criteria checks 3/6
B&M European Value Retail has a total shareholder equity of £734.0M and total debt of £910.0M, which brings its debt-to-equity ratio to 124%. Its total assets and total liabilities are £3.6B and £2.9B respectively. B&M European Value Retail's EBIT is £608.0M making its interest coverage ratio 5.6. It has cash and short-term investments of £182.0M.
Key information
124.0%
Debt to equity ratio
UK£910.00m
Debt
| Interest coverage ratio | 5.6x |
| Cash | UK£182.00m |
| Equity | UK£734.00m |
| Total liabilities | UK£2.89b |
| Total assets | UK£3.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMEL's short term assets (£1.0B) exceed its short term liabilities (£794.0M).
Long Term Liabilities: BMEL's short term assets (£1.0B) do not cover its long term liabilities (£2.1B).
Debt to Equity History and Analysis
Debt Level: BMEL's net debt to equity ratio (99.2%) is considered high.
Reducing Debt: BMEL's debt to equity ratio has increased from 69.1% to 124% over the past 5 years.
Debt Coverage: BMEL's debt is well covered by operating cash flow (82%).
Interest Coverage: BMEL's interest payments on its debt are well covered by EBIT (5.6x coverage).