Pets at Home Group Balance Sheet Health
Financial Health criteria checks 4/6
Pets at Home Group has a total shareholder equity of £988.5M and total debt of £45.5M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are £1.7B and £695.3M respectively. Pets at Home Group's EBIT is £131.6M making its interest coverage ratio 9.7. It has cash and short-term investments of £57.1M.
Key information
4.6%
Debt to equity ratio
UK£45.50m
Debt
| Interest coverage ratio | 9.7x |
| Cash | UK£57.10m |
| Equity | UK£988.50m |
| Total liabilities | UK£695.30m |
| Total assets | UK£1.68b |
Recent financial health updates
Is Pets at Home Group (LON:PETS) Using Too Much Debt?
Jul 17
Does Pets at Home Group (LON:PETS) Have A Healthy Balance Sheet?
Apr 10We Think Pets at Home Group (LON:PETS) Can Stay On Top Of Its Debt
Jan 08These 4 Measures Indicate That Pets at Home Group (LON:PETS) Is Using Debt Reasonably Well
Sep 29These 4 Measures Indicate That Pets at Home Group (LON:PETS) Is Using Debt Reasonably Well
Jun 16Is Pets at Home Group (LON:PETS) A Risky Investment?
Jan 09Recent updates
There's Been No Shortage Of Growth Recently For Pets at Home Group's (LON:PETS) Returns On Capital
Oct 24Market Still Lacking Some Conviction On Pets at Home Group Plc (LON:PETS)
Sep 28Is Pets at Home Group (LON:PETS) Using Too Much Debt?
Jul 17Pets at Home Group Plc's (LON:PETS) Subdued P/E Might Signal An Opportunity
Jun 23We Think You Can Look Beyond Pets at Home Group's (LON:PETS) Lackluster Earnings
Jun 05Pets at Home Group Plc (LON:PETS) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Jun 01Pets at Home Group (LON:PETS) Is Looking To Continue Growing Its Returns On Capital
May 03Does Pets at Home Group (LON:PETS) Have A Healthy Balance Sheet?
Apr 10Pets at Home Group Plc (LON:PETS) Screens Well But There Might Be A Catch
Mar 18We Like These Underlying Return On Capital Trends At Pets at Home Group (LON:PETS)
Jan 30We Think Pets at Home Group (LON:PETS) Can Stay On Top Of Its Debt
Jan 08Pets at Home Group (LON:PETS) Has Affirmed Its Dividend Of £0.045
Dec 01Is Pets at Home Group Plc (LON:PETS) Trading At A 42% Discount?
Oct 20These 4 Measures Indicate That Pets at Home Group (LON:PETS) Is Using Debt Reasonably Well
Sep 29We Like These Underlying Return On Capital Trends At Pets at Home Group (LON:PETS)
Sep 08Estimating The Intrinsic Value Of Pets at Home Group Plc (LON:PETS)
Jul 07These 4 Measures Indicate That Pets at Home Group (LON:PETS) Is Using Debt Reasonably Well
Jun 16Pets at Home Group (LON:PETS) Will Pay A Larger Dividend Than Last Year At £0.083
May 28The Returns At Pets at Home Group (LON:PETS) Aren't Growing
May 23Calculating The Intrinsic Value Of Pets at Home Group Plc (LON:PETS)
Mar 10Slowing Rates Of Return At Pets at Home Group (LON:PETS) Leave Little Room For Excitement
Feb 18Is Pets at Home Group (LON:PETS) A Risky Investment?
Jan 09Pets at Home Group (LON:PETS) Will Pay A Larger Dividend Than Last Year At £0.045
Nov 26Estimating The Intrinsic Value Of Pets at Home Group Plc (LON:PETS)
Nov 03We Think Pets at Home Group (LON:PETS) Can Manage Its Debt With Ease
Sep 28The Returns At Pets at Home Group (LON:PETS) Aren't Growing
Sep 10Pets at Home Group Plc (LON:PETS) Shares Could Be 47% Below Their Intrinsic Value Estimate
Aug 03at Home Group's (LON:PETS) Upcoming Dividend Will Be Larger Than Last Year's
Jun 10Returns On Capital At at Home Group (LON:PETS) Have Hit The Brakes
May 30Pets at Home Group Plc's (LON:PETS) Intrinsic Value Is Potentially 67% Above Its Share Price
Apr 21Is at Home Group (LON:PETS) Using Too Much Debt?
Mar 14The Returns At at Home Group (LON:PETS) Aren't Growing
Feb 24Do at Home Group's (LON:PETS) Earnings Warrant Your Attention?
Jan 19Calculating The Fair Value Of Pets at Home Group Plc (LON:PETS)
Jan 06at Home Group (LON:PETS) Could Easily Take On More Debt
Dec 09at Home Group (LON:PETS) Is Paying Out A Larger Dividend Than Last Year
Nov 25Does at Home Group (LON:PETS) Deserve A Spot On Your Watchlist?
Oct 15Calculating The Intrinsic Value Of Pets at Home Group Plc (LON:PETS)
Sep 30at Home Group (LON:PETS) Will Be Hoping To Turn Its Returns On Capital Around
Aug 15With EPS Growth And More, at Home Group (LON:PETS) Is Interesting
Jul 16Does at Home Group (LON:PETS) Have A Healthy Balance Sheet?
Jun 26Financial Position Analysis
Short Term Liabilities: PETS's short term assets (£215.8M) do not cover its short term liabilities (£341.2M).
Long Term Liabilities: PETS's short term assets (£215.8M) do not cover its long term liabilities (£354.1M).
Debt to Equity History and Analysis
Debt Level: PETS has more cash than its total debt.
Reducing Debt: PETS's debt to equity ratio has reduced from 19.8% to 4.6% over the past 5 years.
Debt Coverage: PETS's debt is well covered by operating cash flow (461.5%).
Interest Coverage: PETS's interest payments on its debt are well covered by EBIT (9.7x coverage).