Rallye Balance Sheet Health
Financial Health criteria checks 0/6
Rallye has a total shareholder equity of €-5.0B and total debt of €3.3B, which brings its debt-to-equity ratio to -64.7%. Its total assets and total liabilities are €18.4B and €23.4B respectively.
Key information
-64.7%
Debt to equity ratio
€3.26b
Debt
| Interest coverage ratio | n/a |
| Cash | €12.00m |
| Equity | -€5.03b |
| Total liabilities | €23.42b |
| Total assets | €18.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RAY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RAY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RAY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RAY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RAY's interest payments on its debt are well covered by EBIT.