RS Group Balance Sheet Health
Financial Health criteria checks 6/6
RS Group has a total shareholder equity of £1.4B and total debt of £603.0M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are £2.9B and £1.5B respectively. RS Group's EBIT is £286.3M making its interest coverage ratio 10.4. It has cash and short-term investments of £258.7M.
Key information
42.1%
Debt to equity ratio
UK£603.00m
Debt
| Interest coverage ratio | 10.4x |
| Cash | UK£258.70m |
| Equity | UK£1.43b |
| Total liabilities | UK£1.47b |
| Total assets | UK£2.90b |
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 (£815.3M).
Long Term Liabilities: RS1L's short term assets (£1.6B) exceed its long term liabilities (£650.2M).
Debt to Equity History and Analysis
Debt Level: RS1L's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: RS1L's debt to equity ratio has reduced from 43% to 42.1% over the past 5 years.
Debt Coverage: RS1L's debt is well covered by operating cash flow (32.6%).
Interest Coverage: RS1L's interest payments on its debt are well covered by EBIT (10.4x coverage).