Imperial Brands Balance Sheet Health
Financial Health criteria checks 3/6
Imperial Brands has a total shareholder equity of £6.6B and total debt of £10.1B, which brings its debt-to-equity ratio to 152%. Its total assets and total liabilities are £29.5B and £22.8B respectively. Imperial Brands's EBIT is £3.2B making its interest coverage ratio -6.7. It has cash and short-term investments of £1.4B.
Key information
152.0%
Debt to equity ratio
UK£10.10b
Debt
Interest coverage ratio | -6.7x |
Cash | UK£1.38b |
Equity | UK£6.64b |
Total liabilities | UK£22.85b |
Total assets | UK£29.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMB N's short term assets (£8.6B) do not cover its short term liabilities (£11.9B).
Long Term Liabilities: IMB N's short term assets (£8.6B) do not cover its long term liabilities (£11.0B).
Debt to Equity History and Analysis
Debt Level: IMB N's net debt to equity ratio (131.3%) is considered high.
Reducing Debt: IMB N's debt to equity ratio has reduced from 186.1% to 152% over the past 5 years.
Debt Coverage: IMB N's debt is well covered by operating cash flow (31%).
Interest Coverage: IMB N earns more interest than it pays, so coverage of interest payments is not a concern.