3i Group Balance Sheet Health
Financial Health criteria checks 5/6
3i Group has a total shareholder equity of £21.9B and total debt of £1.2B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are £23.3B and £1.4B respectively. 3i Group's EBIT is £4.1B making its interest coverage ratio 76.3. It has cash and short-term investments of £369.0M.
Key information
5.4%
Debt to equity ratio
UK£1.19b
Debt
| Interest coverage ratio | 76.3x |
| Cash | UK£369.00m |
| Equity | UK£21.89b |
| Total liabilities | UK£1.40b |
| Total assets | UK£23.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: III N's short term assets (£544.0M) exceed its short term liabilities (£110.0M).
Long Term Liabilities: III N's short term assets (£544.0M) do not cover its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: III N's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: III N's debt to equity ratio has reduced from 6.8% to 5.4% over the past 5 years.
Debt Coverage: III N's debt is well covered by operating cash flow (83.1%).
Interest Coverage: III N's interest payments on its debt are well covered by EBIT (76.3x coverage).