Region Group Balance Sheet Health
Financial Health criteria checks 1/6
Region Group has a total shareholder equity of A$2.8B and total debt of A$1.6B, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are A$4.6B and A$1.7B respectively. Region Group's EBIT is A$210.6M making its interest coverage ratio 2.8. It has cash and short-term investments of A$34.8M.
Key information
56.6%
Debt to equity ratio
AU$1.59b
Debt
| Interest coverage ratio | 2.8x |
| Cash | AU$34.80m |
| Equity | AU$2.81b |
| Total liabilities | AU$1.74b |
| Total assets | AU$4.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RGN's short term assets (A$147.6M) exceed its short term liabilities (A$146.7M).
Long Term Liabilities: RGN's short term assets (A$147.6M) do not cover its long term liabilities (A$1.6B).
Debt to Equity History and Analysis
Debt Level: RGN's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: RGN's debt to equity ratio has increased from 54.2% to 56.6% over the past 5 years.
Debt Coverage: RGN's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: RGN's interest payments on its debt are not well covered by EBIT (2.8x coverage).