RS Group Balance Sheet Health
Financial Health criteria checks 5/6
RS Group has a total shareholder equity of £1.3B and total debt of £654.5M, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are £2.7B and £1.4B respectively. RS Group's EBIT is £276.6M making its interest coverage ratio 9.5. It has cash and short-term investments of £274.2M.
Key information
49.9%
Debt to equity ratio
UK£654.50m
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£274.20m |
| Equity | UK£1.31b |
| Total liabilities | UK£1.42b |
| Total assets | UK£2.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RS1L's short term assets (£1.6B) exceed its short term liabilities (£771.2M).
Long Term Liabilities: RS1L's short term assets (£1.6B) exceed its long term liabilities (£646.3M).
Debt to Equity History and Analysis
Debt Level: RS1L's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: RS1L's debt to equity ratio has increased from 38.9% to 49.9% over the past 5 years.
Debt Coverage: RS1L's debt is well covered by operating cash flow (40.6%).
Interest Coverage: RS1L's interest payments on its debt are well covered by EBIT (9.5x coverage).