How much debt does Tesco PLC have?
According to Tesco PLC's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Tesco PLC's total debt stands at $14.67B. This is broken down into:
- Long-term debt: $12.19B
- Short-term debt: $2.48B
The company's net debt, which accounts for cash and cash equivalents, is $12.41B. In terms of overall financial obligations, Tesco PLC's total liabilities amount to $27.23B.
Debt Ratios and Metrics
To better understand Tesco PLC's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.26 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 37.71% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 3.43 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 30.37% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 55.70% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Tesco PLC's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$14.67B
Long-term Debt
$12.19B
Short-term Debt
$2.48B
Net Debt
$12.41B
Total Liabilities
$27.23B
Interest Coverage
3.43
Debt to Equity Ratio
1.26
Debt Ratio
37.71%
Tesco PLC Historical Debt Metrics
Tesco PLC Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $14.67B | $12.19B | $2.48B | $12.41B | $27.23B | 1.26 | 37.71% | 3.43 | 30.37% | 55.70% |
| 2023 | $14.84B | $12.72B | $2.12B | $12.50B | $35.37B | 1.27 | 31.55% | 3.45 | 32.75% | 55.98% |
| 2022 | $15.08B | $12.62B | $2.37B | $12.61B | $33.90B | 1.23 | 32.68% | 4.05 | 31.32% | 55.19% |
| 2021 | $15.36B | $14.09B | $1.27B | $13.01B | $33.71B | 0.98 | 31.12% | 4.16 | 29.88% | 49.51% |
| 2020 | $15.67B | $13.60B | $1.66B | $13.16B | $33.45B | 1.30 | 34.43% | 3.01 | 33.88% | 56.47% |
| 2019 | $17.79B | $13.83B | $2.82B | $13.65B | $39.78B | 1.33 | 33.47% | 3.70 | 30.96% | 57.05% |
| 2018 | $17.65B | $14.55B | $2.21B | $15.78B | $43.47B | 1.31 | 31.02% | 3.00 | 29.31% | 56.74% |
| 2017 | $8.62B | $7.14B | $1.48B | $5.87B | $34.40B | 0.82 | 19.21% | 4.07 | 40.10% | 45.08% |
| 2016 | $11.99B | $9.43B | $2.56B | $8.96B | $39.44B | 1.86 | 26.16% | 2.24 | 59.17% | 65.07% |
| 2015 | $13.54B | $10.73B | $2.83B | $11.01B | $35.29B | 1.57 | 30.83% | 1.64 | 55.19% | 61.08% |
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