Renewi Balance Sheet Health
Financial Health criteria checks 3/6
Renewi has a total shareholder equity of €383.9M and total debt of €514.2M, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are €2.1B and €1.7B respectively. Renewi's EBIT is €115.5M making its interest coverage ratio 4.4. It has cash and short-term investments of €51.2M.
Key information
133.9%
Debt to equity ratio
€514.20m
Debt
Interest coverage ratio | 4.4x |
Cash | €51.20m |
Equity | €383.90m |
Total liabilities | €1.70b |
Total assets | €2.08b |
Recent financial health updates
Does Renewi (LON:RWI) Have A Healthy Balance Sheet?
Sep 02Renewi (LON:RWI) Has A Somewhat Strained Balance Sheet
Mar 15Here's Why Renewi (LON:RWI) Has A Meaningful Debt Burden
Nov 24Recent updates
Renewi plc's (LON:RWI) Shares Bounce 54% But Its Business Still Trails The Market
Sep 30Renewi (LON:RWI) Is Looking To Continue Growing Its Returns On Capital
Sep 20Does Renewi (LON:RWI) Have A Healthy Balance Sheet?
Sep 02Is Now The Time To Look At Buying Renewi plc (LON:RWI)?
Jul 08Returns At Renewi (LON:RWI) Are On The Way Up
Apr 06What Does Renewi plc's (LON:RWI) Share Price Indicate?
Mar 05At UK£8.12, Is Renewi plc (LON:RWI) Worth Looking At Closely?
Nov 09An Intrinsic Calculation For Renewi plc (LON:RWI) Suggests It's 47% Undervalued
Oct 05We Think Renewi's (LON:RWI) Solid Earnings Are Understated
Jun 03Renewi (LON:RWI) Has A Somewhat Strained Balance Sheet
Mar 15Is Renewi (LON:RWI) A Future Multi-bagger?
Feb 15Renewi's(LON:RWI) Share Price Is Down 60% Over The Past Three Years.
Jan 18Renewi plc's (LON:RWI) Shift From Loss To Profit
Dec 21Here's Why Renewi (LON:RWI) Has A Meaningful Debt Burden
Nov 24Financial Position Analysis
Short Term Liabilities: RWI's short term assets (€386.1M) do not cover its short term liabilities (€717.1M).
Long Term Liabilities: RWI's short term assets (€386.1M) do not cover its long term liabilities (€981.2M).
Debt to Equity History and Analysis
Debt Level: RWI's net debt to equity ratio (120.6%) is considered high.
Reducing Debt: RWI's debt to equity ratio has reduced from 154.4% to 133.9% over the past 5 years.
Debt Coverage: RWI's debt is well covered by operating cash flow (39.5%).
Interest Coverage: RWI's interest payments on its debt are well covered by EBIT (4.4x coverage).