Manchester United Balance Sheet Health
Financial Health criteria checks 1/6
Manchester United has a total shareholder equity of £96.0M and total debt of £773.3M, which brings its debt-to-equity ratio to 805.4%. Its total assets and total liabilities are £1.5B and £1.4B respectively. Manchester United's EBIT is £671.0K making its interest coverage ratio 0. It has cash and short-term investments of £65.0M.
Key information
805.4%
Debt to equity ratio
UK£773.30m
Debt
| Interest coverage ratio | 0.02x |
| Cash | UK£65.02m |
| Equity | UK£96.02m |
| Total liabilities | UK£1.38b |
| Total assets | UK£1.47b |
Recent financial health updates
Would Manchester United (NYSE:MANU) Be Better Off With Less Debt?
Oct 31
Here's Why Manchester United (NYSE:MANU) Can Afford Some Debt
Jul 19Does Manchester United (NYSE:MANU) Have A Healthy Balance Sheet?
Mar 26Manchester United (NYSE:MANU) Is Carrying A Fair Bit Of Debt
Nov 03Does Manchester United (NYSE:MANU) Have A Healthy Balance Sheet?
Jul 19Recent updates
Manchester United plc: Do Not Expect Much Movement For The Foreseeable Future
Apr 08Manchester United: The Price Is Right
Mar 06Manchester United: Public Market Discount
Dec 26Manchester United: A Historic Giant Facing Valuation Challenges And Why It's Time To Sell
Dec 05Would Manchester United (NYSE:MANU) Be Better Off With Less Debt?
Oct 31Manchester United: How To Speculate On This Takeover Battle
Sep 22Wall Street Breakfast Catalyst Watch: Manchester United: Ever On The Market?
Sep 16Manchester United: Assessing Takeover Potential Amid Market Buzz
Aug 28Here's Why Manchester United (NYSE:MANU) Can Afford Some Debt
Jul 19Manchester United's Q3 Earnings Reviewed (Rating Downgrade)
Jun 27Manchester United: Making Sense Of Potential Takeover Options
Jun 06Manchester United Stock: Europe Secured, Takeover Pending
May 31Does Manchester United (NYSE:MANU) Have A Healthy Balance Sheet?
Mar 26Manchester United: Further Upside Potential On This Arbitrage Trade
Feb 13Manchester United gets bid from INEOS
Jan 17Manchester United dips to loss amid report Qatar is weighing a bid
Jan 09Manchester United Non-GAAP EPS of -£6.08p misses by £5.96, revenue of £143.7M misses by £10.69M
Dec 08Disney, Zoom and Manchester United: - Our lukewarm takes on some of last weeks biggest market stories
Nov 27
Manchester United (NYSE:MANU) Is Carrying A Fair Bit Of Debt
Nov 03East 72 Holdings - Manchester United: The Investment Thesis
Oct 21Manchester United FQ4 2022 Earnings Preview
Sep 21Manchester United expands global partnership with Therabody
Sep 07Manchester United: Unusual Options And Unusual Elon Musk Tweets
Aug 28Man United rises with owners reportedly open to minority investor
Aug 17Is Manchester United plc (NYSE:MANU) Trading At A 35% Discount?
Aug 15Manchester United jumps after report of potential hostile takeover offer
Aug 10Does Manchester United (NYSE:MANU) Have A Healthy Balance Sheet?
Jul 19Manchester United Could Be Back In The Game
Jun 23Financial Position Analysis
Short Term Liabilities: MANU's short term assets (£241.5M) do not cover its short term liabilities (£661.4M).
Long Term Liabilities: MANU's short term assets (£241.5M) do not cover its long term liabilities (£714.6M).
Debt to Equity History and Analysis
Debt Level: MANU's net debt to equity ratio (737.7%) is considered high.
Reducing Debt: MANU's debt to equity ratio has increased from 112.2% to 805.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MANU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MANU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.