Laboratorio Reig Jofre Balance Sheet Health
Financial Health criteria checks 5/6
Laboratorio Reig Jofre has a total shareholder equity of €204.3M and total debt of €38.7M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are €330.5M and €126.3M respectively. Laboratorio Reig Jofre's EBIT is €12.0M making its interest coverage ratio 17.6. It has cash and short-term investments of €6.5M.
Key information
19.0%
Debt to equity ratio
€38.74m
Debt
| Interest coverage ratio | 17.6x |
| Cash | €6.49m |
| Equity | €204.25m |
| Total liabilities | €126.29m |
| Total assets | €330.55m |
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
These 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 (€132.6M) exceed its short term liabilities (€90.2M).
Long Term Liabilities: RJF's short term assets (€132.6M) exceed its long term liabilities (€36.1M).
Debt to Equity History and Analysis
Debt Level: RJF's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: RJF's debt to equity ratio has increased from 7.1% to 19% over the past 5 years.
Debt Coverage: RJF's debt is well covered by operating cash flow (49.3%).
Interest Coverage: RJF's interest payments on its debt are well covered by EBIT (17.6x coverage).