Laboratorio Reig Jofre Balance Sheet Health
Financial Health criteria checks 5/6
Laboratorio Reig Jofre has a total shareholder equity of €212.1M and total debt of €52.4M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are €346.9M and €134.8M respectively. Laboratorio Reig Jofre's EBIT is €14.0M making its interest coverage ratio 10.1. It has cash and short-term investments of €10.6M.
Key information
24.7%
Debt to equity ratio
€52.43m
Debt
| Interest coverage ratio | 10.1x |
| Cash | €10.60m |
| Equity | €212.07m |
| Total liabilities | €134.80m |
| Total assets | €346.86m |
Recent financial health updates
These 4 Measures Indicate That Laboratorio Reig Jofre (BME:RJF) Is Using Debt Extensively
Feb 02
We Think Laboratorio Reig Jofre (BME:RJF) Is Taking Some Risk With Its Debt
Mar 07Laboratorio Reig Jofre (BME:RJF) Seems To Use Debt Quite Sensibly
May 17Is Laboratorio Reig Jofre (BME:RJF) Using Too Much Debt?
Jan 14Recent updates
Calculating The Fair Value Of Laboratorio Reig Jofre, S.A. (BME:RJF)
Jun 22These 4 Measures Indicate That Laboratorio Reig Jofre (BME:RJF) Is Using Debt Extensively
Feb 02This Analyst Just Downgraded Their Laboratorio Reig Jofre, S.A. (BME:RJF) EPS Forecasts
Mar 07We Think Laboratorio Reig Jofre (BME:RJF) Is Taking Some Risk With Its Debt
Mar 07Laboratorio Reig Jofre (BME:RJF) Seems To Use Debt Quite Sensibly
May 17The Laboratorio Reig Jofre (BME:RJF) Share Price Has Gained 146%, So Why Not Pay It Some Attention?
Mar 07Is Laboratorio Reig Jofre (BME:RJF) Using Too Much Debt?
Jan 14Laboratorio Reig Jofre (BME:RJF) Shareholders Booked A 47% Gain In The Last Year
Dec 05Financial Position Analysis
Short Term Liabilities: RJF's short term assets (€147.8M) exceed its short term liabilities (€80.7M).
Long Term Liabilities: RJF's short term assets (€147.8M) exceed its long term liabilities (€54.0M).
Debt to Equity History and Analysis
Debt Level: RJF's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: RJF's debt to equity ratio has increased from 8.8% to 24.7% over the past 5 years.
Debt Coverage: RJF's debt is well covered by operating cash flow (31.2%).
Interest Coverage: RJF's interest payments on its debt are well covered by EBIT (10.1x coverage).