Reckitt Benckiser Group Balance Sheet Health
Financial Health criteria checks 2/6
Reckitt Benckiser Group has a total shareholder equity of £8.5B and total debt of £8.2B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are £27.1B and £18.7B respectively. Reckitt Benckiser Group's EBIT is £3.3B making its interest coverage ratio 13.1. It has cash and short-term investments of £1.4B.
Key information
96.9%
Debt to equity ratio
UK£8.21b
Debt
Interest coverage ratio | 13.1x |
Cash | UK£1.39b |
Equity | UK£8.47b |
Total liabilities | UK£18.67b |
Total assets | UK£27.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3RB's short term assets (£5.3B) do not cover its short term liabilities (£8.3B).
Long Term Liabilities: 3RB's short term assets (£5.3B) do not cover its long term liabilities (£10.3B).
Debt to Equity History and Analysis
Debt Level: 3RB's net debt to equity ratio (80.6%) is considered high.
Reducing Debt: 3RB's debt to equity ratio has increased from 80.5% to 96.9% over the past 5 years.
Debt Coverage: 3RB's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 3RB's interest payments on its debt are well covered by EBIT (13.1x coverage).