Renew Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Renew Holdings has a total shareholder equity of £206.4M and total debt of £52.0M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are £547.7M and £341.3M respectively. Renew Holdings's EBIT is £65.0M making its interest coverage ratio 62.7. It has cash and short-term investments of £80.2M.

Key information

25.2%

Debt to equity ratio

UK£52.00m

Debt

Interest coverage ratio62.7x
CashUK£80.22m
EquityUK£206.39m
Total liabilitiesUK£341.32m
Total assetsUK£547.71m

Recent financial health updates

Recent updates

Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.1267

Dec 21
Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.1267

Renew Holdings (LON:RNWH) Has Announced That It Will Be Increasing Its Dividend To £0.1267

Nov 29
Renew Holdings (LON:RNWH) Has Announced That It Will Be Increasing Its Dividend To £0.1267

Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.12

Dec 25
Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.12

Renew Holdings (LON:RNWH) Will Pay A Larger Dividend Than Last Year At £0.12

Dec 01
Renew Holdings (LON:RNWH) Will Pay A Larger Dividend Than Last Year At £0.12

What Does Renew Holdings plc's (LON:RNWH) Share Price Indicate?

Nov 15
What Does Renew Holdings plc's (LON:RNWH) Share Price Indicate?

Renew Holdings' (LON:RNWH) Dividend Will Be Increased To £0.06

May 19
Renew Holdings' (LON:RNWH) Dividend Will Be Increased To £0.06

Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.1133

Jan 09
Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.1133

Renew Holdings' (LON:RNWH) Dividend Will Be Increased To £0.1133

Dec 20
Renew Holdings' (LON:RNWH) Dividend Will Be Increased To £0.1133

Renew Holdings (LON:RNWH) Is Paying Out A Larger Dividend Than Last Year

Dec 02
Renew Holdings (LON:RNWH) Is Paying Out A Larger Dividend Than Last Year

Renew Holdings (LON:RNWH) Ticks All The Boxes When It Comes To Earnings Growth

Sep 30
Renew Holdings (LON:RNWH) Ticks All The Boxes When It Comes To Earnings Growth

Renew Holdings (LON:RNWH) Will Pay A Larger Dividend Than Last Year At UK£0.057

Jun 03
Renew Holdings (LON:RNWH) Will Pay A Larger Dividend Than Last Year At UK£0.057

Renew Holdings (LON:RNWH) Is Paying Out A Larger Dividend Than Last Year

May 20
Renew Holdings (LON:RNWH) Is Paying Out A Larger Dividend Than Last Year

At UK£6.70, Is It Time To Put Renew Holdings plc (LON:RNWH) On Your Watch List?

Mar 15
At UK£6.70, Is It Time To Put Renew Holdings plc (LON:RNWH) On Your Watch List?

Is Renew Holdings (LON:RNWH) Using Too Much Debt?

Feb 25
Is Renew Holdings (LON:RNWH) Using Too Much Debt?

Renew Holdings' (LON:RNWH) Upcoming Dividend Will Be Larger Than Last Year's

Dec 12
Renew Holdings' (LON:RNWH) Upcoming Dividend Will Be Larger Than Last Year's

Renew Holdings plc (LON:RNWH) Shares Could Be 21% Below Their Intrinsic Value Estimate

Oct 05
Renew Holdings plc (LON:RNWH) Shares Could Be 21% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Renew Holdings (LON:RNWH) Is Using Debt Reasonably Well

Jun 02
These 4 Measures Indicate That Renew Holdings (LON:RNWH) Is Using Debt Reasonably Well

Should You Investigate Renew Holdings plc (LON:RNWH) At UK£6.40?

May 20
Should You Investigate Renew Holdings plc (LON:RNWH) At UK£6.40?

Does Renew Holdings (LON:RNWH) Deserve A Spot On Your Watchlist?

May 07
Does Renew Holdings (LON:RNWH) Deserve A Spot On Your Watchlist?

Calculating The Intrinsic Value Of Renew Holdings plc (LON:RNWH)

Apr 19
Calculating The Intrinsic Value Of Renew Holdings plc (LON:RNWH)

Renew Holdings plc (LON:RNWH) Is An Attractive Dividend Stock - Here's Why

Mar 22
Renew Holdings plc (LON:RNWH) Is An Attractive Dividend Stock - Here's Why

Investors Who Bought Renew Holdings (LON:RNWH) Shares Five Years Ago Are Now Up 29%

Mar 09
Investors Who Bought Renew Holdings (LON:RNWH) Shares Five Years Ago Are Now Up 29%

Will Weakness in Renew Holdings plc's (LON:RNWH) Stock Prove Temporary Given Strong Fundamentals?

Feb 24
Will Weakness in Renew Holdings plc's (LON:RNWH) Stock Prove Temporary Given Strong Fundamentals?

A Look At Renew Holdings' (LON:RNWH) CEO Remuneration

Feb 13
A Look At Renew Holdings' (LON:RNWH) CEO Remuneration

At UK£5.26, Is Renew Holdings plc (LON:RNWH) Worth Looking At Closely?

Feb 03
At UK£5.26, Is Renew Holdings plc (LON:RNWH) Worth Looking At Closely?

Renew Holdings plc (LON:RNWH) Passed Our Checks, And It's About To Pay A UK£0.083 Dividend

Jan 24
Renew Holdings plc (LON:RNWH) Passed Our Checks, And It's About To Pay A UK£0.083 Dividend

We Think Renew Holdings (LON:RNWH) Can Stay On Top Of Its Debt

Jan 18
We Think Renew Holdings (LON:RNWH) Can Stay On Top Of Its Debt

Are Investors Undervaluing Renew Holdings plc (LON:RNWH) By 21%?

Jan 08
Are Investors Undervaluing Renew Holdings plc (LON:RNWH) By 21%?

Here's Why We Think Renew Holdings (LON:RNWH) Is Well Worth Watching

Dec 28
Here's Why We Think Renew Holdings (LON:RNWH) Is Well Worth Watching

Why Renew Holdings plc (LON:RNWH) Is A Dividend Rockstar

Dec 15
Why Renew Holdings plc (LON:RNWH) Is A Dividend Rockstar

We Think Renew Holdings's (LON:RNWH) Statutory Profit Might Understate Its Earnings Potential

Dec 03
We Think Renew Holdings's (LON:RNWH) Statutory Profit Might Understate Its Earnings Potential

Financial Position Analysis

Short Term Liabilities: RNWH's short term assets (£294.0M) do not cover its short term liabilities (£314.8M).

Long Term Liabilities: RNWH's short term assets (£294.0M) exceed its long term liabilities (£26.6M).


Debt to Equity History and Analysis

Debt Level: RNWH has more cash than its total debt.

Reducing Debt: RNWH's debt to equity ratio has increased from 23.7% to 25.2% over the past 5 years.

Debt Coverage: RNWH's debt is well covered by operating cash flow (85.5%).

Interest Coverage: RNWH's interest payments on its debt are well covered by EBIT (62.7x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Analyst Sources

Renew Holdings plc is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Calum BattersbyBerenberg
James BaylissBerenberg
Kevin CammackCavendish Historical (Cenkos Securities)