RHI Magnesita Balance Sheet Health
Financial Health criteria checks 5/6
RHI Magnesita has a total shareholder equity of €1.4B and total debt of €1.8B, which brings its debt-to-equity ratio to 129.3%. Its total assets and total liabilities are €4.7B and €3.3B respectively. RHI Magnesita's EBIT is €305.7M making its interest coverage ratio 6.3. It has cash and short-term investments of €610.1M.
Key information
129.3%
Debt to equity ratio
€1.81b
Debt
| Interest coverage ratio | 6.3x |
| Cash | €610.10m |
| Equity | €1.40b |
| Total liabilities | €3.25b |
| Total assets | €4.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHF's short term assets (€2.3B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: RHF's short term assets (€2.3B) exceed its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: RHF's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: RHF's debt to equity ratio has reduced from 130.8% to 129.3% over the past 5 years.
Debt Coverage: RHF's debt is well covered by operating cash flow (27.4%).
Interest Coverage: RHF's interest payments on its debt are well covered by EBIT (6.3x coverage).