Pets at Home Group Balance Sheet Health
Financial Health criteria checks 4/6
Pets at Home Group has a total shareholder equity of £988.5M and total debt of £45.5M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are £1.7B and £695.3M respectively. Pets at Home Group's EBIT is £131.6M making its interest coverage ratio 9.7. It has cash and short-term investments of £57.1M.
Key information
4.6%
Debt to equity ratio
UK£45.50m
Debt
| Interest coverage ratio | 9.7x |
| Cash | UK£57.10m |
| Equity | UK£988.50m |
| Total liabilities | UK£695.30m |
| Total assets | UK£1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHGP.Y's short term assets (£215.8M) do not cover its short term liabilities (£341.2M).
Long Term Liabilities: PHGP.Y's short term assets (£215.8M) do not cover its long term liabilities (£354.1M).
Debt to Equity History and Analysis
Debt Level: PHGP.Y has more cash than its total debt.
Reducing Debt: PHGP.Y's debt to equity ratio has reduced from 19.8% to 4.6% over the past 5 years.
Debt Coverage: PHGP.Y's debt is well covered by operating cash flow (461.5%).
Interest Coverage: PHGP.Y's interest payments on its debt are well covered by EBIT (9.7x coverage).