Pennon Group Balance Sheet Health
Financial Health criteria checks 0/6
Pennon Group has a total shareholder equity of £1.2B and total debt of £2.9B, which brings its debt-to-equity ratio to 246.5%. Its total assets and total liabilities are £6.2B and £5.1B respectively. Pennon Group's EBIT is £165.1M making its interest coverage ratio 1.1. It has cash and short-term investments of £145.4M.
Key information
246.5%
Debt to equity ratio
UK£2.87b
Debt
| Interest coverage ratio | 1.1x |
| Cash | UK£145.40m |
| Equity | UK£1.16b |
| Total liabilities | UK£5.07b |
| Total assets | UK£6.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEGR.Y's short term assets (£567.7M) do not cover its short term liabilities (£587.4M).
Long Term Liabilities: PEGR.Y's short term assets (£567.7M) do not cover its long term liabilities (£4.5B).
Debt to Equity History and Analysis
Debt Level: PEGR.Y's net debt to equity ratio (234%) is considered high.
Reducing Debt: PEGR.Y's debt to equity ratio has increased from 125.6% to 246.5% over the past 5 years.
Debt Coverage: PEGR.Y's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: PEGR.Y's interest payments on its debt are not well covered by EBIT (1.1x coverage).