ASOS Balance Sheet Health
Financial Health criteria checks 2/6
ASOS has a total shareholder equity of £619.6M and total debt of £681.1M, which brings its debt-to-equity ratio to 109.9%. Its total assets and total liabilities are £2.3B and £1.7B respectively.
Key information
109.9%
Debt to equity ratio
UK£681.10m
Debt
Interest coverage ratio | n/a |
Cash | UK£332.30m |
Equity | UK£619.60m |
Total liabilities | UK£1.71b |
Total assets | UK£2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASOM.Y's short term assets (£1.0B) exceed its short term liabilities (£676.4M).
Long Term Liabilities: ASOM.Y's short term assets (£1.0B) do not cover its long term liabilities (£1.0B).
Debt to Equity History and Analysis
Debt Level: ASOM.Y's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: ASOM.Y's debt to equity ratio has increased from 12.9% to 109.9% over the past 5 years.
Debt Coverage: ASOM.Y's debt is well covered by operating cash flow (34.9%).
Interest Coverage: Insufficient data to determine if ASOM.Y's interest payments on its debt are well covered by EBIT.