Renta 4 Banco Balance Sheet Health
Financial Health criteria checks 5/6
Renta 4 Banco has a total shareholder equity of €141.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €2.2B and €2.0B respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €949.49m |
Equity | €141.69m |
Total liabilities | €2.05b |
Total assets | €2.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4RE's short term assets (€1.4B) do not cover its short term liabilities (€1.9B).
Long Term Liabilities: 4RE's short term assets (€1.4B) exceed its long term liabilities (€164.1M).
Debt to Equity History and Analysis
Debt Level: 4RE is debt free.
Reducing Debt: 4RE has no debt compared to 5 years ago when its debt to equity ratio was 10.2%.
Debt Coverage: 4RE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4RE has no debt, therefore coverage of interest payments is not a concern.