Reckitt Benckiser Group Balance Sheet Health
Financial Health criteria checks 2/6
Reckitt Benckiser Group has a total shareholder equity of £8.1B and total debt of £8.8B, which brings its debt-to-equity ratio to 108.7%. Its total assets and total liabilities are £26.4B and £18.3B respectively. Reckitt Benckiser Group's EBIT is £3.2B making its interest coverage ratio 10.9. It has cash and short-term investments of £986.0M.
Key information
108.7%
Debt to equity ratio
UK£8.80b
Debt
| Interest coverage ratio | 10.9x |
| Cash | UK£986.00m |
| Equity | UK£8.09b |
| Total liabilities | UK£18.32b |
| Total assets | UK£26.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 003406783's short term assets (£4.9B) do not cover its short term liabilities (£7.0B).
Long Term Liabilities: 003406783's short term assets (£4.9B) do not cover its long term liabilities (£11.3B).
Debt to Equity History and Analysis
Debt Level: 003406783's net debt to equity ratio (96.5%) is considered high.
Reducing Debt: 003406783's debt to equity ratio has increased from 82.6% to 108.7% over the past 5 years.
Debt Coverage: 003406783's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 003406783's interest payments on its debt are well covered by EBIT (10.9x coverage).