REV Group Balance Sheet Health
Financial Health criteria checks 4/6
REV Group has a total shareholder equity of $394.6M and total debt of $215.0M, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are $1.3B and $940.1M respectively. REV Group's EBIT is $124.3M making its interest coverage ratio 4.5. It has cash and short-term investments of $50.5M.
Key information
54.5%
Debt to equity ratio
US$215.00m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$50.50m |
| Equity | US$394.60m |
| Total liabilities | US$940.10m |
| Total assets | US$1.33b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1RG's short term assets ($914.4M) exceed its short term liabilities ($493.3M).
Long Term Liabilities: 1RG's short term assets ($914.4M) exceed its long term liabilities ($446.8M).
Debt to Equity History and Analysis
Debt Level: 1RG's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: 1RG's debt to equity ratio has reduced from 80.9% to 54.5% over the past 5 years.
Debt Coverage: 1RG's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 1RG's interest payments on its debt are well covered by EBIT (4.5x coverage).