Pets at Home Group Balance Sheet Health
Financial Health criteria checks 4/6
Pets at Home Group has a total shareholder equity of £979.0M and total debt of £45.1M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are £1.7B and £737.8M respectively. Pets at Home Group's EBIT is £130.9M making its interest coverage ratio 9.2. It has cash and short-term investments of £60.4M.
Key information
4.6%
Debt to equity ratio
UK£45.10m
Debt
Interest coverage ratio | 9.2x |
Cash | UK£60.40m |
Equity | UK£979.00m |
Total liabilities | UK£737.80m |
Total assets | UK£1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PETSL's short term assets (£238.9M) do not cover its short term liabilities (£366.4M).
Long Term Liabilities: PETSL's short term assets (£238.9M) do not cover its long term liabilities (£371.4M).
Debt to Equity History and Analysis
Debt Level: PETSL has more cash than its total debt.
Reducing Debt: PETSL's debt to equity ratio has reduced from 21.6% to 4.6% over the past 5 years.
Debt Coverage: PETSL's debt is well covered by operating cash flow (468.7%).
Interest Coverage: PETSL's interest payments on its debt are well covered by EBIT (9.2x coverage).