Restaurant Group Balance Sheet Health
Financial Health criteria checks 2/6
Restaurant Group has a total shareholder equity of £379.6M and total debt of £213.8M, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are £1.2B and £795.9M respectively. Restaurant Group's EBIT is £76.3M making its interest coverage ratio 2. It has cash and short-term investments of £18.3M.
Key information
56.3%
Debt to equity ratio
UK£213.80m
Debt
| Interest coverage ratio | 2x |
| Cash | UK£18.30m |
| Equity | UK£379.60m |
| Total liabilities | UK£795.90m |
| Total assets | UK£1.18b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R2K's short term assets (£43.3M) do not cover its short term liabilities (£216.1M).
Long Term Liabilities: R2K's short term assets (£43.3M) do not cover its long term liabilities (£579.8M).
Debt to Equity History and Analysis
Debt Level: R2K's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: R2K's debt to equity ratio has increased from 17.2% to 56.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable R2K has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: R2K is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.8% per year.