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 £52.3M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are £4.2B and £2.9B respectively. Rathbones Group's EBIT is £181.8M making its interest coverage ratio 2.4. It has cash and short-term investments of £1.2M.
Key information
3.9%
Debt to equity ratio
UK£52.30m
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£1.20m |
| Equity | UK£1.35b |
| Total liabilities | UK£2.87b |
| Total assets | UK£4.22b |
Recent financial health updates
No updates
Recent updates
Rathbones Group (LON:RAT) Has Announced That Its Dividend Will Be Reduced To £0.24
Apr 10
Earnings Tell The Story For Rathbones Group Plc (LON:RAT)
Jan 08Rathbones Group (LON:RAT) Is Increasing Its Dividend To £0.56
Apr 05Rathbones Group (LON:RAT) Will Pay A Larger Dividend Than Last Year At £0.56
Mar 04Here's Why We Think Rathbones Group (LON:RAT) Is Well Worth Watching
Dec 09Rathbones Group (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
Jul 31If You Like EPS Growth Then Check Out Rathbones Group (LON:RAT) Before It's Too Late
Jun 02Rathbones Group (LON:RAT) Is Increasing Its Dividend To UK£0.54
Apr 16Rathbones Group (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
Apr 02Rathbones Group (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
Feb 27Rathbone Brothers (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
Jul 31Is Rathbone Brothers Plc (LON:RAT) A Strong Dividend Stock?
Feb 23If You Had Bought Rathbone Brothers' (LON:RAT) Shares Three Years Ago You Would Be Down 40%
Jan 01Should You Buy Rathbone Brothers Plc (LON:RAT) For Its Dividend?
Nov 19
Financial Position Analysis
Short Term Liabilities: RAT's short term assets (£3.1B) exceed its short term liabilities (£2.6B).
Long Term Liabilities: RAT's short term assets (£3.1B) exceed its long term liabilities (£225.1M).
Debt to Equity History and Analysis
Debt Level: RAT's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: RAT's debt to equity ratio has reduced from 4.4% to 3.9% over the past 5 years.
Debt Coverage: RAT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RAT's interest payments on its debt are not well covered by EBIT (2.4x coverage).