WPP Balance Sheet Health
Financial Health criteria checks 2/6
WPP has a total shareholder equity of £4.0B and total debt of £5.5B, which brings its debt-to-equity ratio to 138.9%. Its total assets and total liabilities are £25.8B and £21.9B respectively. WPP's EBIT is £637.7M making its interest coverage ratio 2.5. It has cash and short-term investments of £2.1B.
Key information
138.9%
Debt to equity ratio
UK£5.50b
Debt
| Interest coverage ratio | 2.5x |
| Cash | UK£2.13b |
| Equity | UK£3.96b |
| Total liabilities | UK£21.86b |
| Total assets | UK£25.81b |
Recent financial health updates
No updates
Recent updates
WPP plc: Best Sector Value After FGS Global Sale Creates Precedent
Oct 16WPP: Ad Giant Still Looks Attractively Valued
Mar 27WPP plc: Mixed Outlook But Priced Accordingly
Dec 07WPP Group: Recent Performance Reflects Slower Growth And Challenges Ahead
Sep 21WPP Non-GAAP EPS of 98.50p, revenue of £14.43B
Feb 23WPP acquires digital transformation agency Fēnom Digital
Jan 05WPP acquires Canadian commerce agency Diff
Dec 08WPP: Looking Cheap For A Global Ad Giant
Oct 31WPP goes ex-dividend tomorrow
Oct 12WPP acquires Passport Brand Design
Oct 06WPP acquires communications agency JeffreyGroup to expand footprint in Latin America
Sep 21WPP to acquire European e-commerce consultancy Newcraft
Sep 01WPP GAAP EPS of 33.00p, revenue of £6.75B beats by £180M
Aug 05WPP: Price Decline Offers Value
Jul 26WPP acquires Latin American ecommerce agency Corebiz
Jul 18WPP to acquire Australia-based Bower House Digital, marketing tech services agency
Jun 30WPP: Not A Quality Cyclical, We Look For A Cheaper Entry Point
Mar 29WPP: Return To Growth And An Attractive Valuation
Mar 04WPP: Strong Performance And Momentum Could Push It Higher
Nov 06WPP: Fairly Valued For Now
Aug 07WPP (WPP) Annual General Meeting Presentation - Slideshow
Jun 16WPP reports Q1 trading update
Apr 28Financial Position Analysis
Short Term Liabilities: WPP's short term assets (£13.4B) do not cover its short term liabilities (£15.0B).
Long Term Liabilities: WPP's short term assets (£13.4B) exceed its long term liabilities (£6.9B).
Debt to Equity History and Analysis
Debt Level: WPP's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: WPP's debt to equity ratio has increased from 64.2% to 138.9% over the past 5 years.
Debt Coverage: WPP's debt is well covered by operating cash flow (20.8%).
Interest Coverage: WPP's interest payments on its debt are not well covered by EBIT (2.5x coverage).