Reunert Balance Sheet Health
Financial Health criteria checks 5/6
Reunert has a total shareholder equity of ZAR8.1B and total debt of ZAR1.3B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ZAR13.5B and ZAR5.4B respectively. Reunert's EBIT is ZAR1.5B making its interest coverage ratio 21.6. It has cash and short-term investments of ZAR1.8B.
Key information
16.0%
Debt to equity ratio
R1.30b
Debt
| Interest coverage ratio | 21.6x |
| Cash | R1.83b |
| Equity | R8.10b |
| Total liabilities | R5.43b |
| Total assets | R13.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6W0's short term assets (ZAR8.3B) exceed its short term liabilities (ZAR3.6B).
Long Term Liabilities: 6W0's short term assets (ZAR8.3B) exceed its long term liabilities (ZAR1.9B).
Debt to Equity History and Analysis
Debt Level: 6W0 has more cash than its total debt.
Reducing Debt: 6W0's debt to equity ratio has increased from 5.2% to 16% over the past 5 years.
Debt Coverage: 6W0's debt is well covered by operating cash flow (102.1%).
Interest Coverage: 6W0's interest payments on its debt are well covered by EBIT (21.6x coverage).