Frasers Group Balance Sheet Health
Financial Health criteria checks 5/6
Frasers Group has a total shareholder equity of £1.7B and total debt of £864.2M, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are £4.6B and £2.9B respectively. Frasers Group's EBIT is £485.8M making its interest coverage ratio -8.6. It has cash and short-term investments of £294.9M.
Key information
49.8%
Debt to equity ratio
UK£864.20m
Debt
Interest coverage ratio | -8.6x |
Cash | UK£294.90m |
Equity | UK£1.74b |
Total liabilities | UK£2.90b |
Total assets | UK£4.64b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRASL's short term assets (£2.7B) exceed its short term liabilities (£1.3B).
Long Term Liabilities: FRASL's short term assets (£2.7B) exceed its long term liabilities (£1.6B).
Debt to Equity History and Analysis
Debt Level: FRASL's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: FRASL's debt to equity ratio has increased from 40.8% to 49.8% over the past 5 years.
Debt Coverage: FRASL's debt is well covered by operating cash flow (75.2%).
Interest Coverage: FRASL earns more interest than it pays, so coverage of interest payments is not a concern.