Randstad Balance Sheet Health
Financial Health criteria checks 6/6
Randstad has a total shareholder equity of €4.1B and total debt of €774.0M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are €10.8B and €6.7B respectively. Randstad's EBIT is €783.0M making its interest coverage ratio 13.5. It has cash and short-term investments of €337.0M.
Key information
18.9%
Debt to equity ratio
€774.00m
Debt
Interest coverage ratio | 13.5x |
Cash | €337.00m |
Equity | €4.09b |
Total liabilities | €6.72b |
Total assets | €10.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NW2's short term assets (€6.0B) exceed its short term liabilities (€5.4B).
Long Term Liabilities: 0NW2's short term assets (€6.0B) exceed its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: 0NW2's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 0NW2's debt to equity ratio has reduced from 31.5% to 18.9% over the past 5 years.
Debt Coverage: 0NW2's debt is well covered by operating cash flow (125.5%).
Interest Coverage: 0NW2's interest payments on its debt are well covered by EBIT (13.5x coverage).