J D Wetherspoon Balance Sheet Health
Financial Health criteria checks 2/6
J D Wetherspoon has a total shareholder equity of £401.6M and total debt of £723.9M, which brings its debt-to-equity ratio to 180.2%. Its total assets and total liabilities are £1.9B and £1.5B respectively. J D Wetherspoon's EBIT is £138.4M making its interest coverage ratio 2.2. It has cash and short-term investments of £57.2M.
Key information
180.2%
Debt to equity ratio
UK£723.91m
Debt
| Interest coverage ratio | 2.2x |
| Cash | UK£57.23m |
| Equity | UK£401.63m |
| Total liabilities | UK£1.50b |
| Total assets | UK£1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JDWP.F's short term assets (£122.1M) do not cover its short term liabilities (£351.4M).
Long Term Liabilities: JDWP.F's short term assets (£122.1M) do not cover its long term liabilities (£1.2B).
Debt to Equity History and Analysis
Debt Level: JDWP.F's net debt to equity ratio (166%) is considered high.
Reducing Debt: JDWP.F's debt to equity ratio has reduced from 258.7% to 180.2% over the past 5 years.
Debt Coverage: JDWP.F's debt is well covered by operating cash flow (23.8%).
Interest Coverage: JDWP.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).