Renew Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Renew Holdings has a total shareholder equity of £190.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £469.5M and £279.2M respectively. Renew Holdings's EBIT is £65.1M making its interest coverage ratio 119.2. It has cash and short-term investments of £42.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 119.2x |
| Cash | UK£42.50m |
| Equity | UK£190.31m |
| Total liabilities | UK£279.24m |
| Total assets | UK£469.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LLP's short term assets (£243.4M) do not cover its short term liabilities (£257.4M).
Long Term Liabilities: LLP's short term assets (£243.4M) exceed its long term liabilities (£21.8M).
Debt to Equity History and Analysis
Debt Level: LLP is debt free.
Reducing Debt: LLP has no debt compared to 5 years ago when its debt to equity ratio was 32%.
Debt Coverage: LLP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LLP has no debt, therefore coverage of interest payments is not a concern.