RELX Balance Sheet Health
Financial Health criteria checks 3/6
RELX has a total shareholder equity of £3.2B and total debt of £6.8B, which brings its debt-to-equity ratio to 214.6%. Its total assets and total liabilities are £14.7B and £11.5B respectively. RELX's EBIT is £2.8B making its interest coverage ratio 9.5. It has cash and short-term investments of £140.0M.
Key information
214.6%
Debt to equity ratio
UK£6.83b
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£140.00m |
| Equity | UK£3.18b |
| Total liabilities | UK£11.53b |
| Total assets | UK£14.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R1EL34's short term assets (£2.7B) do not cover its short term liabilities (£5.6B).
Long Term Liabilities: R1EL34's short term assets (£2.7B) do not cover its long term liabilities (£6.0B).
Debt to Equity History and Analysis
Debt Level: R1EL34's net debt to equity ratio (210.2%) is considered high.
Reducing Debt: R1EL34's debt to equity ratio has reduced from 291.8% to 214.6% over the past 5 years.
Debt Coverage: R1EL34's debt is well covered by operating cash flow (37.1%).
Interest Coverage: R1EL34's interest payments on its debt are well covered by EBIT (9.5x coverage).