Recticel Balance Sheet Health
Financial Health criteria checks 5/6
Recticel has a total shareholder equity of €437.3M and total debt of €13.2M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are €675.9M and €238.5M respectively. Recticel's EBIT is €21.4M making its interest coverage ratio 2.2. It has cash and short-term investments of €172.1M.
Key information
3.0%
Debt to equity ratio
€13.17m
Debt
Interest coverage ratio | 2.2x |
Cash | €172.07m |
Equity | €437.32m |
Total liabilities | €238.55m |
Total assets | €675.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NHV's short term assets (€359.3M) exceed its short term liabilities (€143.8M).
Long Term Liabilities: 0NHV's short term assets (€359.3M) exceed its long term liabilities (€94.8M).
Debt to Equity History and Analysis
Debt Level: 0NHV has more cash than its total debt.
Reducing Debt: 0NHV's debt to equity ratio has reduced from 50% to 3% over the past 5 years.
Debt Coverage: 0NHV's debt is well covered by operating cash flow (474.5%).
Interest Coverage: 0NHV's interest payments on its debt are not well covered by EBIT (2.2x coverage).