RENK Group Balance Sheet Health
Financial Health criteria checks 2/6
RENK Group has a total shareholder equity of €392.7M and total debt of €524.0M, which brings its debt-to-equity ratio to 133.4%. Its total assets and total liabilities are €1.5B and €1.1B respectively. RENK Group's EBIT is €93.3M making its interest coverage ratio 2.8. It has cash and short-term investments of €93.8M.
Key information
133.4%
Debt to equity ratio
€524.02m
Debt
| Interest coverage ratio | 2.8x |
| Cash | €93.84m |
| Equity | €392.68m |
| Total liabilities | €1.11b |
| Total assets | €1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENK's short term assets (€770.7M) exceed its short term liabilities (€435.8M).
Long Term Liabilities: RENK's short term assets (€770.7M) exceed its long term liabilities (€671.7M).
Debt to Equity History and Analysis
Debt Level: RENK's net debt to equity ratio (109.6%) 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 (10.5%).
Interest Coverage: RENK's interest payments on its debt are not well covered by EBIT (2.8x coverage).