Pennon Group Balance Sheet Health
Financial Health criteria checks 1/6
Pennon Group has a total shareholder equity of £1.0B and total debt of £2.3B, which brings its debt-to-equity ratio to 231.6%. Its total assets and total liabilities are £5.3B and £4.3B respectively. Pennon Group's EBIT is £97.1M making its interest coverage ratio 0.7. It has cash and short-term investments of £73.7M.
Key information
231.6%
Debt to equity ratio
UK£2.33b
Debt
Interest coverage ratio | 0.7x |
Cash | UK£73.70m |
Equity | UK£1.01b |
Total liabilities | UK£4.33b |
Total assets | UK£5.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEGR.F's short term assets (£434.1M) exceed its short term liabilities (£341.5M).
Long Term Liabilities: PEGR.F's short term assets (£434.1M) do not cover its long term liabilities (£4.0B).
Debt to Equity History and Analysis
Debt Level: PEGR.F's net debt to equity ratio (224.2%) is considered high.
Reducing Debt: PEGR.F's debt to equity ratio has increased from 120.8% to 231.6% over the past 5 years.
Debt Coverage: PEGR.F's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: PEGR.F's interest payments on its debt are not well covered by EBIT (0.7x coverage).