Currys Balance Sheet Health
Financial Health criteria checks 4/6
Currys has a total shareholder equity of £1.9B and total debt of £223.0M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are £6.2B and £4.3B respectively. Currys's EBIT is £161.0M making its interest coverage ratio 1.6. It has cash and short-term investments of £94.0M.
Key information
11.8%
Debt to equity ratio
UK£223.00m
Debt
Interest coverage ratio | 1.6x |
Cash | UK£94.00m |
Equity | UK£1.89b |
Total liabilities | UK£4.28b |
Total assets | UK£6.17b |
Recent financial health updates
Here's Why Currys (LON:CURY) Has A Meaningful Debt Burden
Feb 24Is Currys (LON:CURY) Using Too Much Debt?
Oct 18We Think Currys (LON:CURY) Is Taking Some Risk With Its Debt
Jul 08Is Currys (LON:CURY) A Risky Investment?
Dec 22Dixons Carphone (LON:DC.) Has A Pretty Healthy Balance Sheet
Apr 05Recent updates
Currys (LON:CURY) Will Be Looking To Turn Around Its Returns
May 28Here's Why Currys (LON:CURY) Has A Meaningful Debt Burden
Feb 24Currys' (LON:CURY) Returns On Capital Not Reflecting Well On The Business
Jan 25Is It Too Late To Consider Buying Currys plc (LON:CURY)?
Dec 17Is Currys (LON:CURY) Using Too Much Debt?
Oct 18Currys (LON:CURY) Has Some Difficulty Using Its Capital Effectively
Sep 26Should You Investigate Currys plc (LON:CURY) At UK£0.60?
Aug 24Estimating The Fair Value Of Currys Plc (LON:CURY)
Jul 29We Think Currys (LON:CURY) Is Taking Some Risk With Its Debt
Jul 08Is There Now An Opportunity In Currys Plc (LON:CURY)?
May 05Be Wary Of Currys (LON:CURY) And Its Returns On Capital
Mar 17Should You Investigate Currys Plc (LON:CURY) At UK£1.05?
Jan 15Is Currys (LON:CURY) A Risky Investment?
Dec 22Calculating The Intrinsic Value Of Currys Plc (LON:CURY)
Dec 01Return Trends At Currys (LON:CURY) Aren't Appealing
Oct 16Dixons Carphone (LON:DC.) Will Be Hoping To Turn Its Returns On Capital Around
Jun 21Calculating The Intrinsic Value Of Dixons Carphone plc (LON:DC.)
Apr 29Dixons Carphone (LON:DC.) Has A Pretty Healthy Balance Sheet
Apr 05If You Had Bought Dixons Carphone (LON:DC.) Shares A Year Ago You'd Have Earned 100% Returns
Mar 15What You Need To Know About Dixons Carphone plc's (LON:DC.) Investor Composition
Feb 08Returns On Capital Tell Us A Lot About Dixons Carphone (LON:DC.)
Jan 13Is Dixons Carphone (LON:DC.) A Risky Investment?
Dec 18Financial Position Analysis
Short Term Liabilities: CURY's short term assets (£2.4B) do not cover its short term liabilities (£2.8B).
Long Term Liabilities: CURY's short term assets (£2.4B) exceed its long term liabilities (£1.5B).
Debt to Equity History and Analysis
Debt Level: CURY's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: CURY's debt to equity ratio has reduced from 12.1% to 11.8% over the past 5 years.
Debt Coverage: CURY's debt is well covered by operating cash flow (151.6%).
Interest Coverage: CURY's interest payments on its debt are not well covered by EBIT (1.6x coverage).