Rai Way Balance Sheet Health
Financial Health criteria checks 4/6
Rai Way has a total shareholder equity of €212.5M and total debt of €102.9M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are €490.6M and €278.1M respectively. Rai Way's EBIT is €126.9M making its interest coverage ratio 29.1. It has cash and short-term investments of €47.7M.
Key information
48.4%
Debt to equity ratio
€102.87m
Debt
Interest coverage ratio | 29.1x |
Cash | €47.75m |
Equity | €212.52m |
Total liabilities | €278.10m |
Total assets | €490.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4RW's short term assets (€136.8M) exceed its short term liabilities (€134.5M).
Long Term Liabilities: 4RW's short term assets (€136.8M) do not cover its long term liabilities (€143.6M).
Debt to Equity History and Analysis
Debt Level: 4RW's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: 4RW's debt to equity ratio has increased from 0.3% to 48.4% over the past 5 years.
Debt Coverage: 4RW's debt is well covered by operating cash flow (143.3%).
Interest Coverage: 4RW's interest payments on its debt are well covered by EBIT (29.1x coverage).