Rathbones Group Balance Sheet Health
Financial Health criteria checks 4/6
Rathbones Group has a total shareholder equity of £1.4B and total debt of £59.3M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are £4.5B and £3.1B respectively. Rathbones Group's EBIT is £226.5M making its interest coverage ratio 3. It has cash and short-term investments of £1.2M.
Key information
4.3%
Debt to equity ratio
UK£59.30m
Debt
| Interest coverage ratio | 3x |
| Cash | UK£1.20m |
| Equity | UK£1.37b |
| Total liabilities | UK£3.12b |
| Total assets | UK£4.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RATL's short term assets (£3.4B) exceed its short term liabilities (£2.9B).
Long Term Liabilities: RATL's short term assets (£3.4B) exceed its long term liabilities (£179.9M).
Debt to Equity History and Analysis
Debt Level: RATL's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: RATL's debt to equity ratio has increased from 4.2% to 4.3% over the past 5 years.
Debt Coverage: RATL's debt is well covered by operating cash flow (243.3%).
Interest Coverage: RATL's interest payments on its debt are not well covered by EBIT (3x coverage).