Currys Balance Sheet Health
Financial Health criteria checks 4/6
Currys has a total shareholder equity of £2.1B and total debt of £29.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are £5.3B and £3.2B respectively. Currys's EBIT is £137.0M making its interest coverage ratio 1.6. It has cash and short-term investments of £125.0M.
Key information
1.4%
Debt to equity ratio
UK£29.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | UK£125.00m |
| Equity | UK£2.07b |
| Total liabilities | UK£3.24b |
| Total assets | UK£5.31b |
Recent financial health updates
Here's Why Currys (LON:CURY) Has A Meaningful Debt Burden
Feb 24
Is 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 15Financial Position Analysis
Short Term Liabilities: CURY's short term assets (£1.8B) do not cover its short term liabilities (£2.1B).
Long Term Liabilities: CURY's short term assets (£1.8B) exceed its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: CURY has more cash than its total debt.
Reducing Debt: CURY's debt to equity ratio has reduced from 32.1% to 1.4% over the past 5 years.
Debt Coverage: CURY's debt is well covered by operating cash flow (1262.1%).
Interest Coverage: CURY's interest payments on its debt are not well covered by EBIT (1.6x coverage).