Renta 4 Banco Balance Sheet Health
Financial Health criteria checks 4/6
Renta 4 Banco has a total shareholder equity of €152.0M and total debt of €589.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are €2.2B and €2.0B respectively.
Key information
0.4%
Debt to equity ratio
€589.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €891.08m |
| Equity | €152.02m |
| Total liabilities | €2.00b |
| Total assets | €2.16b |
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 (€135.5M).
Debt to Equity History and Analysis
Debt Level: 4RE has more cash than its total debt.
Reducing Debt: 4RE's debt to equity ratio has reduced from 9.8% to 0.4% over the past 5 years.
Debt Coverage: 4RE's debt is well covered by operating cash flow (69660.6%).
Interest Coverage: Insufficient data to determine if 4RE's interest payments on its debt are well covered by EBIT.