RENK Group Balance Sheet Health
Financial Health criteria checks 2/6
RENK Group has a total shareholder equity of €403.9M and total debt of €537.6M, which brings its debt-to-equity ratio to 133.1%. Its total assets and total liabilities are €1.5B and €1.1B respectively. RENK Group's EBIT is €90.4M making its interest coverage ratio 2.9. It has cash and short-term investments of €102.2M.
Key information
133.1%
Debt to equity ratio
€537.63m
Debt
Interest coverage ratio | 2.9x |
Cash | €102.22m |
Equity | €403.90m |
Total liabilities | €1.07b |
Total assets | €1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R3NK's short term assets (€736.9M) exceed its short term liabilities (€407.4M).
Long Term Liabilities: R3NK's short term assets (€736.9M) exceed its long term liabilities (€661.3M).
Debt to Equity History and Analysis
Debt Level: R3NK's net debt to equity ratio (107.8%) 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 (14.2%).
Interest Coverage: R3NK's interest payments on its debt are not well covered by EBIT (2.9x coverage).