Renewi Balance Sheet Health
Financial Health criteria checks 3/6
Renewi has a total shareholder equity of €314.0M and total debt of €442.0M, which brings its debt-to-equity ratio to 140.8%. Its total assets and total liabilities are €2.1B and €1.7B respectively. Renewi's EBIT is €99.6M making its interest coverage ratio 3.4. It has cash and short-term investments of €79.0M.
Key information
140.8%
Debt to equity ratio
€442.00m
Debt
| Interest coverage ratio | 3.4x |
| Cash | €79.00m |
| Equity | €314.00m |
| Total liabilities | €1.74b |
| Total assets | €2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWIA's short term assets (€493.8M) do not cover its short term liabilities (€921.5M).
Long Term Liabilities: RWIA's short term assets (€493.8M) do not cover its long term liabilities (€820.7M).
Debt to Equity History and Analysis
Debt Level: RWIA's net debt to equity ratio (115.6%) is considered high.
Reducing Debt: RWIA's debt to equity ratio has reduced from 211.1% to 140.8% over the past 5 years.
Debt Coverage: RWIA's debt is well covered by operating cash flow (38.2%).
Interest Coverage: RWIA's interest payments on its debt are well covered by EBIT (3.4x coverage).