RHI Magnesita Balance Sheet Health
Financial Health criteria checks 4/6
RHI Magnesita has a total shareholder equity of €1.4B and total debt of €2.0B, which brings its debt-to-equity ratio to 143.1%. Its total assets and total liabilities are €4.8B and €3.5B respectively. RHI Magnesita's EBIT is €336.6M making its interest coverage ratio 7.1. It has cash and short-term investments of €714.8M.
Key information
143.1%
Debt to equity ratio
€1.95b
Debt
Interest coverage ratio | 7.1x |
Cash | €714.80m |
Equity | €1.36b |
Total liabilities | €3.49b |
Total assets | €4.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHIM's short term assets (€2.4B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: RHIM's short term assets (€2.4B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: RHIM's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: RHIM's debt to equity ratio has increased from 132.6% to 143.1% over the past 5 years.
Debt Coverage: RHIM's debt is well covered by operating cash flow (25.6%).
Interest Coverage: RHIM's interest payments on its debt are well covered by EBIT (7.1x coverage).