Balfour Beatty Balance Sheet Health
Financial Health criteria checks 5/6
Balfour Beatty has a total shareholder equity of £1.2B and total debt of £838.0M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are £5.3B and £4.1B respectively. Balfour Beatty's EBIT is £146.0M making its interest coverage ratio -3.4. It has cash and short-term investments of £1.4B.
Key information
69.4%
Debt to equity ratio
UK£838.00m
Debt
Interest coverage ratio | -3.4x |
Cash | UK£1.41b |
Equity | UK£1.21b |
Total liabilities | UK£4.06b |
Total assets | UK£5.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAFB.F's short term assets (£2.7B) exceed its short term liabilities (£2.7B).
Long Term Liabilities: BAFB.F's short term assets (£2.7B) exceed its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: BAFB.F has more cash than its total debt.
Reducing Debt: BAFB.F's debt to equity ratio has increased from 61.9% to 69.4% over the past 5 years.
Debt Coverage: BAFB.F's debt is well covered by operating cash flow (34%).
Interest Coverage: BAFB.F earns more interest than it pays, so coverage of interest payments is not a concern.