Burberry Group Balance Sheet Health
Financial Health criteria checks 4/6
Burberry Group has a total shareholder equity of £915.0M and total debt of £708.0M, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are £3.4B and £2.5B respectively. Burberry Group's EBIT is £154.0M making its interest coverage ratio 2.8. It has cash and short-term investments of £430.0M.
Key information
77.4%
Debt to equity ratio
UK£708.00m
Debt
| Interest coverage ratio | 2.8x |
| Cash | UK£430.00m |
| Equity | UK£915.00m |
| Total liabilities | UK£2.45b |
| Total assets | UK£3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURB.Y's short term assets (£1.5B) exceed its short term liabilities (£1.1B).
Long Term Liabilities: BURB.Y's short term assets (£1.5B) exceed its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: BURB.Y's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: BURB.Y's debt to equity ratio has increased from 3.6% to 77.4% over the past 5 years.
Debt Coverage: BURB.Y's debt is well covered by operating cash flow (46.3%).
Interest Coverage: BURB.Y's interest payments on its debt are not well covered by EBIT (2.8x coverage).