Tesco Balance Sheet Health
Financial Health criteria checks 4/6
Tesco has a total shareholder equity of £11.7B and total debt of £7.2B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are £47.0B and £35.4B respectively. Tesco's EBIT is £2.8B making its interest coverage ratio 5.2. It has cash and short-term investments of £4.7B.
Key information
61.9%
Debt to equity ratio
UK£7.22b
Debt
| Interest coverage ratio | 5.2x |
| Cash | UK£4.67b |
| Equity | UK£11.67b |
| Total liabilities | UK£35.37b |
| Total assets | UK£47.04b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSCO N's short term assets (£16.6B) do not cover its short term liabilities (£20.5B).
Long Term Liabilities: TSCO N's short term assets (£16.6B) exceed its long term liabilities (£14.9B).
Debt to Equity History and Analysis
Debt Level: TSCO N's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: TSCO N's debt to equity ratio has increased from 53.1% to 61.9% over the past 5 years.
Debt Coverage: TSCO N's debt is well covered by operating cash flow (53.2%).
Interest Coverage: TSCO N's interest payments on its debt are well covered by EBIT (5.2x coverage).