B&M European Value Retail Balance Sheet Health
Financial Health criteria checks 3/6
B&M European Value Retail has a total shareholder equity of £795.0M and total debt of £916.0M, which brings its debt-to-equity ratio to 115.2%. Its total assets and total liabilities are £3.7B and £2.9B respectively. B&M European Value Retail's EBIT is £563.0M making its interest coverage ratio 5.7. It has cash and short-term investments of £224.0M.
Key information
115.2%
Debt to equity ratio
UK£916.00m
Debt
Interest coverage ratio | 5.7x |
Cash | UK£224.00m |
Equity | UK£795.00m |
Total liabilities | UK£2.94b |
Total assets | UK£3.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMRP.F's short term assets (£1.2B) exceed its short term liabilities (£886.0M).
Long Term Liabilities: BMRP.F's short term assets (£1.2B) do not cover its long term liabilities (£2.0B).
Debt to Equity History and Analysis
Debt Level: BMRP.F's net debt to equity ratio (87%) is considered high.
Reducing Debt: BMRP.F's debt to equity ratio has increased from 64.8% to 115.2% over the past 5 years.
Debt Coverage: BMRP.F's debt is well covered by operating cash flow (81.7%).
Interest Coverage: BMRP.F's interest payments on its debt are well covered by EBIT (5.7x coverage).