RENK Group Balance Sheet Health

Financial Health criteria checks 2/6

RENK Group has a total shareholder equity of €392.7M and total debt of €524.0M, which brings its debt-to-equity ratio to 133.4%. Its total assets and total liabilities are €1.5B and €1.1B respectively. RENK Group's EBIT is €93.3M making its interest coverage ratio 2.8. It has cash and short-term investments of €93.8M.

Key information

133.4%

Debt to equity ratio

€524.02m

Debt

Interest coverage ratio2.8x
Cash€93.84m
Equity€392.68m
Total liabilities€1.11b
Total assets€1.50b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: R3NK's short term assets (€770.7M) exceed its short term liabilities (€435.8M).

Long Term Liabilities: R3NK's short term assets (€770.7M) exceed its long term liabilities (€671.7M).


Debt to Equity History and Analysis

Debt Level: R3NK's net debt to equity ratio (109.6%) 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 (10.5%).

Interest Coverage: R3NK's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


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