Babcock International Group Balance Sheet Health
Financial Health criteria checks 3/6
Babcock International Group has a total shareholder equity of £370.8M and total debt of £746.8M, which brings its debt-to-equity ratio to 201.4%. Its total assets and total liabilities are £3.3B and £3.0B respectively. Babcock International Group's EBIT is £221.3M making its interest coverage ratio 10.5. It has cash and short-term investments of £480.5M.
Key information
201.4%
Debt to equity ratio
UK£746.80m
Debt
Interest coverage ratio | 10.5x |
Cash | UK£480.50m |
Equity | UK£370.80m |
Total liabilities | UK£2.97b |
Total assets | UK£3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCKI.F's short term assets (£1.5B) do not cover its short term liabilities (£1.7B).
Long Term Liabilities: BCKI.F's short term assets (£1.5B) exceed its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: BCKI.F's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: BCKI.F's debt to equity ratio has increased from 58.3% to 201.4% over the past 5 years.
Debt Coverage: BCKI.F's debt is well covered by operating cash flow (46.8%).
Interest Coverage: BCKI.F's interest payments on its debt are well covered by EBIT (10.5x coverage).