International Distribution Services Balance Sheet Health
Financial Health criteria checks 4/6
International Distribution Services has a total shareholder equity of £3.4B and total debt of £1.2B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are £8.3B and £4.8B respectively. International Distribution Services's EBIT is £659.0M making its interest coverage ratio 11.2. It has cash and short-term investments of £742.0M.
Key information
35.0%
Debt to equity ratio
UK£1.21b
Debt
| Interest coverage ratio | 11.2x |
| Cash | UK£742.00m |
| Equity | UK£3.44b |
| Total liabilities | UK£4.84b |
| Total assets | UK£8.28b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROYM.Y's short term assets (£2.4B) exceed its short term liabilities (£2.3B).
Long Term Liabilities: ROYM.Y's short term assets (£2.4B) do not cover its long term liabilities (£2.5B).
Debt to Equity History and Analysis
Debt Level: ROYM.Y's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: ROYM.Y's debt to equity ratio has increased from 9% to 35% over the past 5 years.
Debt Coverage: ROYM.Y's debt is well covered by operating cash flow (21.9%).
Interest Coverage: ROYM.Y's interest payments on its debt are well covered by EBIT (11.2x coverage).