This company listing is no longer active
Compagnie Financière Richemont Balance Sheet Health
Financial Health criteria checks 5/6
Compagnie Financière Richemont has a total shareholder equity of €18.3B and total debt of €11.8B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are €39.6B and €21.4B respectively. Compagnie Financière Richemont's EBIT is €4.0B making its interest coverage ratio 33.9. It has cash and short-term investments of €16.5B.
Key information
64.4%
Debt to equity ratio
€11.76b
Debt
Interest coverage ratio | 33.9x |
Cash | €16.53b |
Equity | €18.27b |
Total liabilities | €21.36b |
Total assets | €39.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIU1's short term assets (€29.3B) exceed its short term liabilities (€11.8B).
Long Term Liabilities: RIU1's short term assets (€29.3B) exceed its long term liabilities (€9.6B).
Debt to Equity History and Analysis
Debt Level: RIU1 has more cash than its total debt.
Reducing Debt: RIU1's debt to equity ratio has increased from 16.3% to 64.4% over the past 5 years.
Debt Coverage: RIU1's debt is well covered by operating cash flow (37.4%).
Interest Coverage: RIU1's interest payments on its debt are well covered by EBIT (33.9x coverage).