Lookers Balance Sheet Health
Financial Health criteria checks 4/6
Lookers has a total shareholder equity of £447.7M and total debt of £163.0M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are £1.8B and £1.3B respectively. Lookers's EBIT is £103.7M making its interest coverage ratio 3.4. It has cash and short-term investments of £177.6M.
Key information
36.4%
Debt to equity ratio
UK£163.00m
Debt
| Interest coverage ratio | 3.4x |
| Cash | UK£177.60m |
| Equity | UK£447.70m |
| Total liabilities | UK£1.35b |
| Total assets | UK£1.80b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOOKl's short term assets (£1.1B) do not cover its short term liabilities (£1.1B).
Long Term Liabilities: LOOKl's short term assets (£1.1B) exceed its long term liabilities (£269.8M).
Debt to Equity History and Analysis
Debt Level: LOOKl has more cash than its total debt.
Reducing Debt: LOOKl's debt to equity ratio has increased from 30.7% to 36.4% over the past 5 years.
Debt Coverage: LOOKl's debt is well covered by operating cash flow (24.4%).
Interest Coverage: LOOKl's interest payments on its debt are well covered by EBIT (3.4x coverage).