RATIONAL Balance Sheet Health
Financial Health criteria checks 6/6
RATIONAL has a total shareholder equity of €738.6M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €966.8M and €228.2M respectively. RATIONAL's EBIT is €281.5M making its interest coverage ratio -41.7. It has cash and short-term investments of €402.7M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -41.7x |
Cash | €402.67m |
Equity | €738.61m |
Total liabilities | €228.24m |
Total assets | €966.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAA's short term assets (€702.0M) exceed its short term liabilities (€185.9M).
Long Term Liabilities: RAA's short term assets (€702.0M) exceed its long term liabilities (€42.3M).
Debt to Equity History and Analysis
Debt Level: RAA is debt free.
Reducing Debt: RAA has no debt compared to 5 years ago when its debt to equity ratio was 2.6%.
Debt Coverage: RAA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RAA has no debt, therefore coverage of interest payments is not a concern.