Burberry Group Balance Sheet Health
Financial Health criteria checks 5/6
Burberry Group has a total shareholder equity of £1.1B and total debt of £392.0M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are £3.5B and £2.4B respectively. Burberry Group's EBIT is £619.0M making its interest coverage ratio 41.3. It has cash and short-term investments of £663.0M.
Key information
35.1%
Debt to equity ratio
UK£392.00m
Debt
Interest coverage ratio | 41.3x |
Cash | UK£663.00m |
Equity | UK£1.12b |
Total liabilities | UK£2.39b |
Total assets | UK£3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURB.Y's short term assets (£1.7B) exceed its short term liabilities (£1.1B).
Long Term Liabilities: BURB.Y's short term assets (£1.7B) exceed its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: BURB.Y has more cash than its total debt.
Reducing Debt: BURB.Y's debt to equity ratio has increased from 1.4% to 35.1% over the past 5 years.
Debt Coverage: BURB.Y's debt is well covered by operating cash flow (180.9%).
Interest Coverage: BURB.Y's interest payments on its debt are well covered by EBIT (41.3x coverage).