Randstad Balance Sheet Health
Financial Health criteria checks 6/6
Randstad has a total shareholder equity of €4.5B and total debt of €485.0M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are €10.9B and €6.4B respectively. Randstad's EBIT is €1.1B making its interest coverage ratio 36.5. It has cash and short-term investments of €340.0M.
Key information
10.8%
Debt to equity ratio
€485.00m
Debt
Interest coverage ratio | 36.5x |
Cash | €340.00m |
Equity | €4.50b |
Total liabilities | €6.39b |
Total assets | €10.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSH0's short term assets (€6.0B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: RSH0's short term assets (€6.0B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: RSH0's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: RSH0's debt to equity ratio has reduced from 35.6% to 10.8% over the past 5 years.
Debt Coverage: RSH0's debt is well covered by operating cash flow (230.3%).
Interest Coverage: RSH0's interest payments on its debt are well covered by EBIT (36.5x coverage).