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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
RENK Group AG is covered by 8 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Mcwhirter | Berenberg |
| Carlos Iranzo Peris | BofA Global Research |
| Charles Armitage | Citigroup Inc |