Kingfisher Balance Sheet Health
Financial Health criteria checks 6/6
Kingfisher has a total shareholder equity of £6.6B and total debt of £113.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are £12.0B and £5.4B respectively. Kingfisher's EBIT is £688.0M making its interest coverage ratio 6.2. It has cash and short-term investments of £485.0M.
Key information
1.7%
Debt to equity ratio
UK£113.00m
Debt
| Interest coverage ratio | 6.2x |
| Cash | UK£485.00m |
| Equity | UK£6.58b |
| Total liabilities | UK£5.45b |
| Total assets | UK£12.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGFH.Y's short term assets (£3.9B) exceed its short term liabilities (£3.1B).
Long Term Liabilities: KGFH.Y's short term assets (£3.9B) exceed its long term liabilities (£2.3B).
Debt to Equity History and Analysis
Debt Level: KGFH.Y has more cash than its total debt.
Reducing Debt: KGFH.Y's debt to equity ratio has reduced from 2.3% to 1.7% over the past 5 years.
Debt Coverage: KGFH.Y's debt is well covered by operating cash flow (1241.6%).
Interest Coverage: KGFH.Y's interest payments on its debt are well covered by EBIT (6.2x coverage).