RENK Group Balance Sheet Health
Financial Health criteria checks 2/6
RENK Group has a total shareholder equity of €388.1M and total debt of €536.3M, which brings its debt-to-equity ratio to 138.2%. Its total assets and total liabilities are €1.5B and €1.1B respectively. RENK Group's EBIT is €91.7M making its interest coverage ratio 2.7. It has cash and short-term investments of €70.3M.
Key information
138.2%
Debt to equity ratio
€536.30m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €70.34m |
| Equity | €388.07m |
| Total liabilities | €1.09b |
| Total assets | €1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENK's short term assets (€763.2M) exceed its short term liabilities (€416.8M).
Long Term Liabilities: RENK's short term assets (€763.2M) exceed its long term liabilities (€676.9M).
Debt to Equity History and Analysis
Debt Level: RENK's net debt to equity ratio (120.1%) is considered high.
Reducing Debt: Insufficient data to determine if RENK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RENK's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: RENK's interest payments on its debt are not well covered by EBIT (2.7x coverage).