3i Group Balance Sheet Health
Financial Health criteria checks 5/6
3i Group has a total shareholder equity of £18.2B and total debt of £1.2B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are £19.6B and £1.4B respectively. 3i Group's EBIT is £4.5B making its interest coverage ratio 94.4. It has cash and short-term investments of £41.0M.
Key information
6.6%
Debt to equity ratio
UK£1.21b
Debt
Interest coverage ratio | 94.4x |
Cash | UK£41.00m |
Equity | UK£18.25b |
Total liabilities | UK£1.40b |
Total assets | UK£19.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: III N's short term assets (£155.0M) exceed its short term liabilities (£105.0M).
Long Term Liabilities: III N's short term assets (£155.0M) 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 (6.4%) is considered satisfactory.
Reducing Debt: III N's debt to equity ratio has reduced from 7.6% to 6.6% over the past 5 years.
Debt Coverage: III N's debt is well covered by operating cash flow (41.8%).
Interest Coverage: III N's interest payments on its debt are well covered by EBIT (94.4x coverage).