Rolls-Royce Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Rolls-Royce Holdings has a total shareholder equity of £-3.6B and total debt of £4.2B, which brings its debt-to-equity ratio to -116%. Its total assets and total liabilities are £31.5B and £35.1B respectively. Rolls-Royce Holdings's EBIT is £1.8B making its interest coverage ratio 9. It has cash and short-term investments of £3.8B.
Key information
-116.0%
Debt to equity ratio
UK£4.21b
Debt
Interest coverage ratio | 9x |
Cash | UK£3.79b |
Equity | -UK£3.63b |
Total liabilities | UK£35.14b |
Total assets | UK£31.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RRS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RRS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RRS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RRS's debt is well covered by operating cash flow (59.1%).
Interest Coverage: RRS's interest payments on its debt are well covered by EBIT (9x coverage).