Renewi Balance Sheet Health
Financial Health criteria checks 2/6
Renewi has a total shareholder equity of €317.7M and total debt of €399.4M, which brings its debt-to-equity ratio to 125.7%. Its total assets and total liabilities are €2.0B and €1.6B respectively. Renewi's EBIT is €88.2M making its interest coverage ratio 2.9. It has cash and short-term investments of €45.6M.
Key information
125.7%
Debt to equity ratio
€399.40m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €45.60m |
| Equity | €317.70m |
| Total liabilities | €1.64b |
| Total assets | €1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWIL's short term assets (€412.4M) do not cover its short term liabilities (€878.1M).
Long Term Liabilities: RWIL's short term assets (€412.4M) do not cover its long term liabilities (€763.2M).
Debt to Equity History and Analysis
Debt Level: RWIL's net debt to equity ratio (111.4%) is considered high.
Reducing Debt: RWIL's debt to equity ratio has reduced from 248% to 125.7% over the past 5 years.
Debt Coverage: RWIL's debt is well covered by operating cash flow (46.7%).
Interest Coverage: RWIL's interest payments on its debt are not well covered by EBIT (2.9x coverage).