Renault Balance Sheet Health
Financial Health criteria checks 3/6
Renault has a total shareholder equity of €31.3B and total debt of €70.3B, which brings its debt-to-equity ratio to 224.7%. Its total assets and total liabilities are €127.9B and €96.6B respectively. Renault's EBIT is €4.2B making its interest coverage ratio -25.6. It has cash and short-term investments of €21.9B.
Key information
224.7%
Debt to equity ratio
€70.30b
Debt
| Interest coverage ratio | -25.6x |
| Cash | €21.86b |
| Equity | €31.28b |
| Total liabilities | €96.63b |
| Total assets | €127.91b |
Recent financial health updates
We Think Renault (EPA:RNO) Is Taking Some Risk With Its Debt
Jun 27
These 4 Measures Indicate That Renault (EPA:RNO) Is Using Debt Extensively
Mar 21Renault (EPA:RNO) Has A Somewhat Strained Balance Sheet
Dec 01Does Renault (EPA:RNO) Have A Healthy Balance Sheet?
Jul 31Renault (EPA:RNO) Has A Somewhat Strained Balance Sheet
Apr 11These 4 Measures Indicate That Renault (EPA:RNO) Is Using Debt Extensively
Nov 30Recent updates
An Intrinsic Calculation For Renault SA (EPA:RNO) Suggests It's 36% Undervalued
Aug 27Renault SA Just Missed Earnings - But Analysts Have Updated Their Models
Jul 27Not Many Are Piling Into Renault SA (EPA:RNO) Just Yet
Jul 15We Think Renault (EPA:RNO) Is Taking Some Risk With Its Debt
Jun 27Is It Time To Consider Buying Renault SA (EPA:RNO)?
May 28Renault (EPA:RNO) Has Announced That It Will Be Increasing Its Dividend To €1.85
Apr 26Renault (EPA:RNO) Is Paying Out A Larger Dividend Than Last Year
Apr 12Even With A 31% Surge, Cautious Investors Are Not Rewarding Renault SA's (EPA:RNO) Performance Completely
Apr 05These 4 Measures Indicate That Renault (EPA:RNO) Is Using Debt Extensively
Mar 21Renault's (EPA:RNO) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 03Renault (EPA:RNO) Is Paying Out A Larger Dividend Than Last Year
Feb 18Is Renault SA (EPA:RNO) Trading At A 43% Discount?
Feb 14Return Trends At Renault (EPA:RNO) Aren't Appealing
Jan 24Is Renault SA (EPA:RNO) Potentially Undervalued?
Jan 05Renault (EPA:RNO) Has A Somewhat Strained Balance Sheet
Dec 01Are Investors Undervaluing Renault SA (EPA:RNO) By 43%?
Oct 29Returns At Renault (EPA:RNO) Appear To Be Weighed Down
Oct 13Is There Now An Opportunity In Renault SA (EPA:RNO)?
Sep 23Does Renault (EPA:RNO) Have A Healthy Balance Sheet?
Jul 31Here's What's Concerning About Renault's (EPA:RNO) Returns On Capital
Jul 15Are Investors Undervaluing Renault SA (EPA:RNO) By 46%?
Jun 27Is There Now An Opportunity In Renault SA (EPA:RNO)?
Jun 12Renault (EPA:RNO) Has A Somewhat Strained Balance Sheet
Apr 11Renault's (EPA:RNO) Returns On Capital Not Reflecting Well On The Business
Mar 24What Is Renault SA's (EPA:RNO) Share Price Doing?
Mar 06Renault SA's (EPA:RNO) Intrinsic Value Is Potentially 83% Above Its Share Price
Feb 04Investors Could Be Concerned With Renault's (EPA:RNO) Returns On Capital
Dec 21These 4 Measures Indicate That Renault (EPA:RNO) Is Using Debt Extensively
Nov 30Is Renault SA (EPA:RNO) Potentially Undervalued?
Oct 18Here's What's Concerning About Renault's (EPA:RNO) Returns On Capital
Sep 05Is Renault (EPA:RNO) Using Too Much Debt?
Aug 15Returns On Capital At Renault (EPA:RNO) Paint A Concerning Picture
Jun 06These 4 Measures Indicate That Renault (EPA:RNO) Is Using Debt In A Risky Way
May 16Financial Position Analysis
Short Term Liabilities: RNO's short term assets (€87.9B) exceed its short term liabilities (€85.0B).
Long Term Liabilities: RNO's short term assets (€87.9B) exceed its long term liabilities (€11.7B).
Debt to Equity History and Analysis
Debt Level: RNO's net debt to equity ratio (154.9%) is considered high.
Reducing Debt: RNO's debt to equity ratio has increased from 158.1% to 224.7% over the past 5 years.
Debt Coverage: RNO's debt is not well covered by operating cash flow (10%).
Interest Coverage: RNO earns more interest than it pays, so coverage of interest payments is not a concern.