Lookers Balance Sheet Health
Financial Health criteria checks 5/6
Lookers has a total shareholder equity of £410.1M and total debt of £114.2M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are £1.5B and £1.1B respectively. Lookers's EBIT is £125.1M making its interest coverage ratio 5.7. It has cash and short-term investments of £153.8M.
Key information
27.8%
Debt to equity ratio
UK£114.20m
Debt
Interest coverage ratio | 5.7x |
Cash | UK£153.80m |
Equity | UK£410.10m |
Total liabilities | UK£1.11b |
Total assets | UK£1.52b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LKKR.F's short term assets (£820.1M) do not cover its short term liabilities (£862.6M).
Long Term Liabilities: LKKR.F's short term assets (£820.1M) exceed its long term liabilities (£243.1M).
Debt to Equity History and Analysis
Debt Level: LKKR.F has more cash than its total debt.
Reducing Debt: LKKR.F's debt to equity ratio has reduced from 46.3% to 27.8% over the past 5 years.
Debt Coverage: LKKR.F's debt is well covered by operating cash flow (52.5%).
Interest Coverage: LKKR.F's interest payments on its debt are well covered by EBIT (5.7x coverage).