Renault Balance Sheet Health
Financial Health criteria checks 3/6
Renault has a total shareholder equity of €31.3B and total debt of €70.3B, which brings its debt-to-equity ratio to 224.7%. Its total assets and total liabilities are €127.9B and €96.6B respectively. Renault's EBIT is €4.2B making its interest coverage ratio -25.6. It has cash and short-term investments of €21.9B.
Key information
224.7%
Debt to equity ratio
€70.30b
Debt
| Interest coverage ratio | -25.6x |
| Cash | €21.86b |
| Equity | €31.28b |
| Total liabilities | €96.63b |
| Total assets | €127.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNL1's short term assets (€87.9B) exceed its short term liabilities (€85.0B).
Long Term Liabilities: RNL1's short term assets (€87.9B) exceed its long term liabilities (€11.7B).
Debt to Equity History and Analysis
Debt Level: RNL1's net debt to equity ratio (154.9%) is considered high.
Reducing Debt: RNL1's debt to equity ratio has increased from 158.1% to 224.7% over the past 5 years.
Debt Coverage: RNL1's debt is not well covered by operating cash flow (10%).
Interest Coverage: RNL1 earns more interest than it pays, so coverage of interest payments is not a concern.