RS Group Balance Sheet Health
Financial Health criteria checks 5/6
RS Group has a total shareholder equity of £1.4B and total debt of £804.5M, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are £3.1B and £1.7B respectively. RS Group's EBIT is £334.8M making its interest coverage ratio 19.2. It has cash and short-term investments of £379.1M.
Key information
57.6%
Debt to equity ratio
UK£804.50m
Debt
Interest coverage ratio | 19.2x |
Cash | UK£379.10m |
Equity | UK£1.40b |
Total liabilities | UK£1.71b |
Total assets | UK£3.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECN's short term assets (£1.8B) exceed its short term liabilities (£956.8M).
Long Term Liabilities: ECN's short term assets (£1.8B) exceed its long term liabilities (£754.0M).
Debt to Equity History and Analysis
Debt Level: ECN's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: ECN's debt to equity ratio has increased from 48.9% to 57.6% over the past 5 years.
Debt Coverage: ECN's debt is well covered by operating cash flow (27.1%).
Interest Coverage: ECN's interest payments on its debt are well covered by EBIT (19.2x coverage).