Babcock International Group Balance Sheet Health
Financial Health criteria checks 1/6
Babcock International Group has a total shareholder equity of £662.5M and total debt of £1.8B, which brings its debt-to-equity ratio to 267.1%. Its total assets and total liabilities are £4.6B and £4.0B respectively. Babcock International Group's EBIT is £179.2M making its interest coverage ratio 2.6. It has cash and short-term investments of £1.1B.
Key information
267.1%
Debt to equity ratio
UK£1.77b
Debt
Interest coverage ratio | 2.6x |
Cash | UK£1.14b |
Equity | UK£662.50m |
Total liabilities | UK£3.98b |
Total assets | UK£4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BABB N's short term assets (£2.3B) do not cover its short term liabilities (£2.6B).
Long Term Liabilities: BABB N's short term assets (£2.3B) exceed its long term liabilities (£1.4B).
Debt to Equity History and Analysis
Debt Level: BABB N's net debt to equity ratio (95.3%) is considered high.
Reducing Debt: BABB N's debt to equity ratio has increased from 61% to 267.1% over the past 5 years.
Debt Coverage: BABB N's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: BABB N's interest payments on its debt are not well covered by EBIT (2.6x coverage).