RENK Group Balance Sheet Health

Financial Health criteria checks 2/6

RENK Group has a total shareholder equity of €388.1M and total debt of €536.3M, which brings its debt-to-equity ratio to 138.2%. Its total assets and total liabilities are €1.5B and €1.1B respectively. RENK Group's EBIT is €91.7M making its interest coverage ratio 2.7. It has cash and short-term investments of €70.3M.

Key information

138.2%

Debt to equity ratio

€536.30m

Debt

Interest coverage ratio2.7x
Cash€70.34m
Equity€388.07m
Total liabilities€1.09b
Total assets€1.48b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: R3NK's short term assets (€763.2M) exceed its short term liabilities (€416.8M).

Long Term Liabilities: R3NK's short term assets (€763.2M) exceed its long term liabilities (€676.9M).


Debt to Equity History and Analysis

Debt Level: R3NK's net debt to equity ratio (120.1%) is considered high.

Reducing Debt: Insufficient data to determine if R3NK's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: R3NK's debt is not well covered by operating cash flow (19.4%).

Interest Coverage: R3NK's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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