B&M European Value Retail Balance Sheet Health
Financial Health criteria checks 3/6
B&M European Value Retail has a total shareholder equity of £720.0M and total debt of £954.0M, which brings its debt-to-equity ratio to 132.5%. Its total assets and total liabilities are £3.6B and £2.9B respectively. B&M European Value Retail's EBIT is £536.0M making its interest coverage ratio 5.4. It has cash and short-term investments of £237.0M.
Key information
132.5%
Debt to equity ratio
UK£954.00m
Debt
Interest coverage ratio | 5.4x |
Cash | UK£237.00m |
Equity | UK£720.00m |
Total liabilities | UK£2.87b |
Total assets | UK£3.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BME1 N's short term assets (£1.1B) exceed its short term liabilities (£824.0M).
Long Term Liabilities: BME1 N's short term assets (£1.1B) do not cover its long term liabilities (£2.0B).
Debt to Equity History and Analysis
Debt Level: BME1 N's net debt to equity ratio (99.6%) is considered high.
Reducing Debt: BME1 N's debt to equity ratio has increased from 66.1% to 132.5% over the past 5 years.
Debt Coverage: BME1 N's debt is well covered by operating cash flow (82%).
Interest Coverage: BME1 N's interest payments on its debt are well covered by EBIT (5.4x coverage).