Naked Wines Balance Sheet Health
Financial Health criteria checks 4/6
Naked Wines has a total shareholder equity of £88.8M and total debt of £31.0M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are £255.7M and £167.0M respectively. Naked Wines's EBIT is £7.2M making its interest coverage ratio 4.2. It has cash and short-term investments of £33.8M.
Key information
34.9%
Debt to equity ratio
UK£30.96m
Debt
Interest coverage ratio | 4.2x |
Cash | UK£33.77m |
Equity | UK£88.75m |
Total liabilities | UK£166.97m |
Total assets | UK£255.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWIN.F's short term assets (£227.8M) exceed its short term liabilities (£133.3M).
Long Term Liabilities: NWIN.F's short term assets (£227.8M) exceed its long term liabilities (£33.7M).
Debt to Equity History and Analysis
Debt Level: NWIN.F has more cash than its total debt.
Reducing Debt: NWIN.F's debt to equity ratio has increased from 28.7% to 34.9% over the past 5 years.
Debt Coverage: NWIN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NWIN.F's interest payments on its debt are well covered by EBIT (4.2x coverage).