Republic Services Balance Sheet Health
Financial Health criteria checks 2/6
Republic Services has a total shareholder equity of $10.8B and total debt of $12.6B, which brings its debt-to-equity ratio to 116.2%. Its total assets and total liabilities are $31.4B and $20.6B respectively. Republic Services's EBIT is $2.9B making its interest coverage ratio 5.7. It has cash and short-term investments of $91.6M.
Key information
116.2%
Debt to equity ratio
US$12.57b
Debt
Interest coverage ratio | 5.7x |
Cash | US$91.60m |
Equity | US$10.82b |
Total liabilities | US$20.56b |
Total assets | US$31.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KW1's short term assets ($2.3B) do not cover its short term liabilities ($4.3B).
Long Term Liabilities: 0KW1's short term assets ($2.3B) do not cover its long term liabilities ($16.2B).
Debt to Equity History and Analysis
Debt Level: 0KW1's net debt to equity ratio (115.3%) is considered high.
Reducing Debt: 0KW1's debt to equity ratio has increased from 104.8% to 116.2% over the past 5 years.
Debt Coverage: 0KW1's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 0KW1's interest payments on its debt are well covered by EBIT (5.7x coverage).