Restore Balance Sheet Health
Financial Health criteria checks 3/6
Restore has a total shareholder equity of £232.1M and total debt of £120.6M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are £549.4M and £317.3M respectively. Restore's EBIT is £27.4M making its interest coverage ratio 2. It has cash and short-term investments of £22.7M.
Key information
52.0%
Debt to equity ratio
UK£120.60m
Debt
| Interest coverage ratio | 2x |
| Cash | UK£22.70m |
| Equity | UK£232.10m |
| Total liabilities | UK£317.30m |
| Total assets | UK£549.40m |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Restore's (LON:RST) Returns On Capital
Jan 31
Is Restore (LON:RST) Using Too Much Debt?
Oct 06Restore plc (LON:RST) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jul 05An Intrinsic Calculation For Restore plc (LON:RST) Suggests It's 42% Undervalued
Apr 01Is Restore (LON:RST) Using Too Much Debt?
Nov 22What Is Restore plc's (LON:RST) Share Price Doing?
Nov 03Is There An Opportunity With Restore plc's (LON:RST) 33% Undervaluation?
Sep 30Should You Think About Buying Restore plc (LON:RST) Now?
Mar 08Are Investors Undervaluing Restore plc (LON:RST) By 28%?
Aug 05New Forecasts: Here's What Analysts Think The Future Holds For Restore plc (LON:RST)
May 06When Should You Buy Restore plc (LON:RST)?
Mar 29Restore (LON:RST) Share Prices Have Dropped 32% In The Last Three Years
Mar 02Estimating The Fair Value Of Restore plc (LON:RST)
Jan 26Restore plc's (LON:RST) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 05
Here's Why Restore's (LON:RST) Statutory Earnings Are Arguably Too Conservative
Dec 15Is It Too Late To Consider Buying Restore plc (LON:RST)?
Nov 27Financial Position Analysis
Short Term Liabilities: RST's short term assets (£88.5M) exceed its short term liabilities (£68.0M).
Long Term Liabilities: RST's short term assets (£88.5M) do not cover its long term liabilities (£249.3M).
Debt to Equity History and Analysis
Debt Level: RST's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: RST's debt to equity ratio has reduced from 56.9% to 52% over the past 5 years.
Debt Coverage: RST's debt is well covered by operating cash flow (39.6%).
Interest Coverage: RST's interest payments on its debt are not well covered by EBIT (2x coverage).