RIT Capital Partners Balance Sheet Health
Financial Health criteria checks 5/6
RIT Capital Partners has a total shareholder equity of £3.6B and total debt of £280.8M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are £3.9B and £328.8M respectively. RIT Capital Partners's EBIT is £99.7M making its interest coverage ratio 2.9. It has cash and short-term investments of £204.3M.
Key information
7.9%
Debt to equity ratio
UK£280.80m
Debt
| Interest coverage ratio | 2.9x |
| Cash | UK£204.30m |
| Equity | UK£3.57b |
| Total liabilities | UK£328.80m |
| Total assets | UK£3.90b |
Recent financial health updates
No updates
Recent updates
RIT Capital Partners (LON:RCP) Is Increasing Its Dividend To £0.19
Sep 23
RIT Capital Partners' (LON:RCP) Upcoming Dividend Will Be Larger Than Last Year's
Sep 09RIT Capital Partners (LON:RCP) Is Increasing Its Dividend To £0.19
Aug 26RIT Capital Partners (LON:RCP) Is Paying Out A Larger Dividend Than Last Year
Aug 04RIT Capital Partners (LON:RCP) Will Pay A Larger Dividend Than Last Year At £0.19
Apr 05RIT Capital Partners (LON:RCP) Will Pay A Larger Dividend Than Last Year At £0.19
Mar 03RIT Capital Partners (LON:RCP) Has Announced That It Will Be Increasing Its Dividend To £0.185
Sep 07RIT Capital Partners (LON:RCP) Is Paying Out A Larger Dividend Than Last Year
Aug 05If EPS Growth Is Important To You, RIT Capital Partners (LON:RCP) Presents An Opportunity
Jun 17RIT Capital Partners' (LON:RCP) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 03Is Now The Time To Put RIT Capital Partners (LON:RCP) On Your Watchlist?
Dec 22RIT Capital Partners' (LON:RCP) Upcoming Dividend Will Be Larger Than Last Year's
Sep 24RIT Capital Partners (LON:RCP) Is Paying Out A Larger Dividend Than Last Year
Aug 07I Ran A Stock Scan For Earnings Growth And RIT Capital Partners (LON:RCP) Passed With Ease
Jul 13Should RIT Capital Partners plc (LON:RCP) Be Part Of Your Dividend Portfolio?
May 07Do RIT Capital Partners's (LON:RCP) Earnings Warrant Your Attention?
Mar 25Trade Alert: The Non Independent Director Of RIT Capital Partners plc (LON:RCP), Jeremy Sillem, Has Just Spent UK£252k Buying 80% More Shares
Mar 07Do Insiders Own Lots Of Shares In RIT Capital Partners plc (LON:RCP)?
Mar 01Does RIT Capital Partners plc (LON:RCP) Have A Place In Your Dividend Stock Portfolio?
Feb 03
Does RIT Capital Partners' (LON:RCP) Share Price Gain of 26% Match Its Business Performance?
Jan 05Don't Ignore The Fact That This Insider Just Sold Some Shares In RIT Capital Partners plc (LON:RCP)
Dec 09Financial Position Analysis
Short Term Liabilities: RCP's short term assets (£341.0M) exceed its short term liabilities (£185.0M).
Long Term Liabilities: RCP's short term assets (£341.0M) exceed its long term liabilities (£143.8M).
Debt to Equity History and Analysis
Debt Level: RCP's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: RCP's debt to equity ratio has reduced from 15.2% to 7.9% over the past 5 years.
Debt Coverage: RCP's debt is well covered by operating cash flow (104.8%).
Interest Coverage: RCP's interest payments on its debt are not well covered by EBIT (2.9x coverage).