Travis Perkins Balance Sheet Health
Financial Health criteria checks 5/6
Travis Perkins has a total shareholder equity of £2.1B and total debt of £608.3M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are £4.4B and £2.3B respectively. Travis Perkins's EBIT is £224.3M making its interest coverage ratio 5.3. It has cash and short-term investments of £334.5M.
Key information
28.8%
Debt to equity ratio
UK£608.30m
Debt
Interest coverage ratio | 5.3x |
Cash | UK£334.50m |
Equity | UK£2.11b |
Total liabilities | UK£2.29b |
Total assets | UK£4.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVPK.F's short term assets (£1.9B) exceed its short term liabilities (£1.3B).
Long Term Liabilities: TVPK.F's short term assets (£1.9B) exceed its long term liabilities (£967.3M).
Debt to Equity History and Analysis
Debt Level: TVPK.F's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: TVPK.F's debt to equity ratio has increased from 22.8% to 28.8% over the past 5 years.
Debt Coverage: TVPK.F's debt is well covered by operating cash flow (59.2%).
Interest Coverage: TVPK.F's interest payments on its debt are well covered by EBIT (5.3x coverage).