Rentokil Initial Balance Sheet Health
Financial Health criteria checks 2/6
Rentokil Initial has a total shareholder equity of £4.2B and total debt of £3.7B, which brings its debt-to-equity ratio to 87.4%. Its total assets and total liabilities are £10.6B and £6.3B respectively. Rentokil Initial's EBIT is £672.0M making its interest coverage ratio 4.6. It has cash and short-term investments of £927.0M.
Key information
87.4%
Debt to equity ratio
UK£3.70b
Debt
| Interest coverage ratio | 4.6x |
| Cash | UK£927.00m |
| Equity | UK£4.23b |
| Total liabilities | UK£6.33b |
| Total assets | UK£10.55b |
Recent financial health updates
Rentokil Initial (LON:RTO) Has A Somewhat Strained Balance Sheet
Mar 07
Does Rentokil Initial (LON:RTO) Have A Healthy Balance Sheet?
Nov 07We Think Rentokil Initial (LON:RTO) Can Stay On Top Of Its Debt
May 29Recent updates
Rentokil Initial (LON:RTO) Has Affirmed Its Dividend Of £0.0593
Mar 27
Terminix Integration And Network Expansion Will Improve North American Operations
Mar 09 Expanding North American operations with new branches and improved marketing boosts revenue potential and operational reach.Rentokil Initial (LON:RTO) Has Announced A Dividend Of £0.0593
Mar 09Rentokil Initial (LON:RTO) Has A Somewhat Strained Balance Sheet
Mar 07What You Can Learn From Rentokil Initial plc's (LON:RTO) P/E
Jan 18Does Rentokil Initial (LON:RTO) Have A Healthy Balance Sheet?
Nov 07Is There An Opportunity With Rentokil Initial plc's (LON:RTO) 42% Undervaluation?
Oct 17Earnings Tell The Story For Rentokil Initial plc (LON:RTO)
Sep 15Rentokil Initial (LON:RTO) Has Announced A Dividend Of £0.0316
Jul 28Rentokil Initial plc's (LON:RTO) Intrinsic Value Is Potentially 29% Above Its Share Price
Jun 16We Think Rentokil Initial (LON:RTO) Can Stay On Top Of Its Debt
May 29Investors Still Waiting For A Pull Back In Rentokil Initial plc (LON:RTO)
Apr 19Financial Position Analysis
Short Term Liabilities: RTO's short term assets (£2.1B) do not cover its short term liabilities (£2.6B).
Long Term Liabilities: RTO's short term assets (£2.1B) do not cover its long term liabilities (£3.8B).
Debt to Equity History and Analysis
Debt Level: RTO's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: RTO's debt to equity ratio has reduced from 203.6% to 87.4% over the past 5 years.
Debt Coverage: RTO's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: RTO's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/17 00:27 |
| End of Day Share Price | 2025/04/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rentokil Initial plc is covered by 39 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vibha Issar | AlphaValue |
| Paul Daniel Sullivan | Barclays |
| James Rosenthal | Barclays |