Greggs Balance Sheet Health
Financial Health criteria checks 4/6
Greggs has a total shareholder equity of £494.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.1B and £637.4M respectively. Greggs's EBIT is £186.3M making its interest coverage ratio 51.8. It has cash and short-term investments of £141.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 51.8x |
| Cash | UK£141.50m |
| Equity | UK£494.00m |
| Total liabilities | UK£637.40m |
| Total assets | UK£1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGGS.F's short term assets (£241.4M) do not cover its short term liabilities (£300.4M).
Long Term Liabilities: GGGS.F's short term assets (£241.4M) do not cover its long term liabilities (£337.0M).
Debt to Equity History and Analysis
Debt Level: GGGS.F is debt free.
Reducing Debt: GGGS.F had no debt 5 years ago.
Debt Coverage: GGGS.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GGGS.F has no debt, therefore coverage of interest payments is not a concern.