Frasers Group Balance Sheet Health
Financial Health criteria checks 6/6
Frasers Group has a total shareholder equity of £1.9B and total debt of £806.2M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are £4.5B and £2.6B respectively. Frasers Group's EBIT is £520.2M making its interest coverage ratio -59.1. It has cash and short-term investments of £379.9M.
Key information
43.0%
Debt to equity ratio
UK£806.20m
Debt
| Interest coverage ratio | -59.1x |
| Cash | UK£379.90m |
| Equity | UK£1.87b |
| Total liabilities | UK£2.58b |
| Total assets | UK£4.45b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRASL's short term assets (£2.5B) exceed its short term liabilities (£964.8M).
Long Term Liabilities: FRASL's short term assets (£2.5B) exceed its long term liabilities (£1.6B).
Debt to Equity History and Analysis
Debt Level: FRASL's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: FRASL's debt to equity ratio has reduced from 65.5% to 43% over the past 5 years.
Debt Coverage: FRASL's debt is well covered by operating cash flow (84.6%).
Interest Coverage: FRASL earns more interest than it pays, so coverage of interest payments is not a concern.