J Sainsbury Balance Sheet Health
Financial Health criteria checks 5/6
J Sainsbury has a total shareholder equity of £6.9B and total debt of £1.3B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are £25.1B and £18.2B respectively. J Sainsbury's EBIT is £990.0M making its interest coverage ratio 3.2. It has cash and short-term investments of £2.0B.
Key information
18.7%
Debt to equity ratio
UK£1.28b
Debt
Interest coverage ratio | 3.2x |
Cash | UK£1.99b |
Equity | UK£6.87b |
Total liabilities | UK£18.19b |
Total assets | UK£25.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JSAI.Y's short term assets (£7.6B) do not cover its short term liabilities (£11.5B).
Long Term Liabilities: JSAI.Y's short term assets (£7.6B) exceed its long term liabilities (£6.7B).
Debt to Equity History and Analysis
Debt Level: JSAI.Y has more cash than its total debt.
Reducing Debt: JSAI.Y's debt to equity ratio has reduced from 25.3% to 18.7% over the past 5 years.
Debt Coverage: JSAI.Y's debt is well covered by operating cash flow (153.3%).
Interest Coverage: JSAI.Y's interest payments on its debt are well covered by EBIT (3.2x coverage).