Restore Balance Sheet Health
Financial Health criteria checks 3/6
Restore has a total shareholder equity of £231.7M and total debt of £103.5M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are £555.9M and £324.2M respectively. Restore's EBIT is £30.2M making its interest coverage ratio 2.1. It has cash and short-term investments of £10.0M.
Key information
44.7%
Debt to equity ratio
UK£103.50m
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£10.00m |
| Equity | UK£231.70m |
| Total liabilities | UK£324.20m |
| Total assets | UK£555.90m |
Recent financial health updates
Recent updates
We Like The Quality Of Restore's (LON:RST) Earnings
Aug 07
Market Participants Recognise Restore plc's (LON:RST) Revenues Pushing Shares 29% Higher
May 22Restore (LON:RST) Has Announced A Dividend Of £0.0335
Apr 26Investors Could Be Concerned With Restore's (LON:RST) Returns On Capital
Jan 31Is 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
Financial Position Analysis
Short Term Liabilities: RST's short term assets (£76.9M) exceed its short term liabilities (£71.8M).
Long Term Liabilities: RST's short term assets (£76.9M) do not cover its long term liabilities (£252.4M).
Debt to Equity History and Analysis
Debt Level: RST's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: RST's debt to equity ratio has reduced from 54.5% to 44.7% over the past 5 years.
Debt Coverage: RST's debt is well covered by operating cash flow (45.6%).
Interest Coverage: RST's interest payments on its debt are not well covered by EBIT (2.1x coverage).