RENK Group Balance Sheet Health
Financial Health criteria checks 3/6
RENK Group has a total shareholder equity of €404.2M and total debt of €532.7M, which brings its debt-to-equity ratio to 131.8%. Its total assets and total liabilities are €1.5B and €1.1B respectively. RENK Group's EBIT is €95.6M making its interest coverage ratio 3.2. It has cash and short-term investments of €130.0M.
Key information
131.8%
Debt to equity ratio
€532.71m
Debt
Interest coverage ratio | 3.2x |
Cash | €130.03m |
Equity | €404.20m |
Total liabilities | €1.09b |
Total assets | €1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R3NK's short term assets (€764.8M) exceed its short term liabilities (€428.6M).
Long Term Liabilities: R3NK's short term assets (€764.8M) exceed its long term liabilities (€663.0M).
Debt to Equity History and Analysis
Debt Level: R3NK's net debt to equity ratio (99.6%) 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 (14.1%).
Interest Coverage: R3NK's interest payments on its debt are well covered by EBIT (3.2x coverage).