J D Wetherspoon Balance Sheet Health
Financial Health criteria checks 2/6
J D Wetherspoon has a total shareholder equity of £399.5M and total debt of £727.7M, which brings its debt-to-equity ratio to 182.2%. Its total assets and total liabilities are £2.0B and £1.6B respectively. J D Wetherspoon's EBIT is £107.1M making its interest coverage ratio 1.6. It has cash and short-term investments of £87.2M.
Key information
182.2%
Debt to equity ratio
UK£727.72m
Debt
Interest coverage ratio | 1.6x |
Cash | UK£87.17m |
Equity | UK£399.46m |
Total liabilities | UK£1.57b |
Total assets | UK£1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JDWP.Y's short term assets (£159.1M) do not cover its short term liabilities (£387.3M).
Long Term Liabilities: JDWP.Y's short term assets (£159.1M) do not cover its long term liabilities (£1.2B).
Debt to Equity History and Analysis
Debt Level: JDWP.Y's net debt to equity ratio (160.4%) is considered high.
Reducing Debt: JDWP.Y's debt to equity ratio has reduced from 285% to 182.2% over the past 5 years.
Debt Coverage: JDWP.Y's debt is well covered by operating cash flow (49.8%).
Interest Coverage: JDWP.Y's interest payments on its debt are not well covered by EBIT (1.6x coverage).