Melrose Industries Balance Sheet Health
Financial Health criteria checks 3/6
Melrose Industries has a total shareholder equity of £7.2B and total debt of £1.5B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are £14.0B and £6.8B respectively.
Key information
20.9%
Debt to equity ratio
UK£1.50b
Debt
Interest coverage ratio | n/a |
Cash | UK£355.00m |
Equity | UK£7.17b |
Total liabilities | UK£6.82b |
Total assets | UK£13.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLSY.Y's short term assets (£2.9B) do not cover its short term liabilities (£3.0B).
Long Term Liabilities: MLSY.Y's short term assets (£2.9B) do not cover its long term liabilities (£3.8B).
Debt to Equity History and Analysis
Debt Level: MLSY.Y's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: MLSY.Y's debt to equity ratio has reduced from 31.2% to 20.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MLSY.Y has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MLSY.Y has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.