Recticel Balance Sheet Health
Financial Health criteria checks 5/6
Recticel has a total shareholder equity of €432.0M and total debt of €29.4M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are €702.7M and €270.7M respectively. Recticel's EBIT is €19.4M making its interest coverage ratio -4.9. It has cash and short-term investments of €115.0M.
Key information
6.8%
Debt to equity ratio
€29.43m
Debt
| Interest coverage ratio | -4.9x |
| Cash | €115.00m |
| Equity | €431.96m |
| Total liabilities | €270.72m |
| Total assets | €702.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCZ's short term assets (€312.8M) exceed its short term liabilities (€153.3M).
Long Term Liabilities: RCZ's short term assets (€312.8M) exceed its long term liabilities (€117.4M).
Debt to Equity History and Analysis
Debt Level: RCZ has more cash than its total debt.
Reducing Debt: RCZ's debt to equity ratio has reduced from 37.2% to 6.8% over the past 5 years.
Debt Coverage: RCZ's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: RCZ earns more interest than it pays, so coverage of interest payments is not a concern.