Reckitt Benckiser Group Balance Sheet Health
Financial Health criteria checks 2/6
Reckitt Benckiser Group has a total shareholder equity of £8.5B and total debt of £8.2B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are £27.1B and £18.7B respectively. Reckitt Benckiser Group's EBIT is £3.3B making its interest coverage ratio 13.1. It has cash and short-term investments of £1.4B.
Key information
96.9%
Debt to equity ratio
UK£8.21b
Debt
| Interest coverage ratio | 13.1x |
| Cash | UK£1.39b |
| Equity | UK£8.47b |
| Total liabilities | UK£18.67b |
| Total assets | UK£27.14b |
Recent financial health updates
These 4 Measures Indicate That Reckitt Benckiser Group (LON:RKT) Is Using Debt Reasonably Well
Jul 28
Here's Why Reckitt Benckiser Group (LON:RKT) Can Manage Its Debt Responsibly
Apr 14These 4 Measures Indicate That Reckitt Benckiser Group (LON:RKT) Is Using Debt Reasonably Well
Dec 27Is Reckitt Benckiser Group (LON:RKT) Using Too Much Debt?
Sep 26Reckitt Benckiser Group (LON:RKT) Has A Pretty Healthy Balance Sheet
May 11These 4 Measures Indicate That Reckitt Benckiser Group (LON:RKT) Is Using Debt Extensively
Oct 06Recent updates
Reckitt Benckiser Group plc (LON:RKT) Shares Could Be 42% Below Their Intrinsic Value Estimate
Apr 30Reckitt Benckiser Group (LON:RKT) Is Paying Out A Larger Dividend Than Last Year
Mar 28Reckitt Benckiser Group plc's (LON:RKT) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Mar 22Reckitt Benckiser Group (LON:RKT) Is Increasing Its Dividend To £1.16
Mar 08Reckitt Benckiser Group (LON:RKT) Is Looking To Continue Growing Its Returns On Capital
Jan 13Reckitt Benckiser Group plc's (LON:RKT) Shares May Have Run Too Fast Too Soon
Dec 26An Intrinsic Calculation For Reckitt Benckiser Group plc (LON:RKT) Suggests It's 33% Undervalued
Nov 25Reckitt Benckiser Group (LON:RKT) Is Looking To Continue Growing Its Returns On Capital
Oct 06A Look At The Intrinsic Value Of Reckitt Benckiser Group plc (LON:RKT)
Aug 14These 4 Measures Indicate That Reckitt Benckiser Group (LON:RKT) Is Using Debt Reasonably Well
Jul 28Returns On Capital Are Showing Encouraging Signs At Reckitt Benckiser Group (LON:RKT)
Jun 23A Look At The Intrinsic Value Of Reckitt Benckiser Group plc (LON:RKT)
May 02Here's Why Reckitt Benckiser Group (LON:RKT) Can Manage Its Debt Responsibly
Apr 14Reckitt Benckiser Group plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 04Reckitt Benckiser Group (LON:RKT) Is Doing The Right Things To Multiply Its Share Price
Jan 18These 4 Measures Indicate That Reckitt Benckiser Group (LON:RKT) Is Using Debt Reasonably Well
Dec 27An Intrinsic Calculation For Reckitt Benckiser Group plc (LON:RKT) Suggests It's 48% Undervalued
Nov 01There's Been No Shortage Of Growth Recently For Reckitt Benckiser Group's (LON:RKT) Returns On Capital
Oct 14Is Reckitt Benckiser Group (LON:RKT) Using Too Much Debt?
Sep 26Reckitt Benckiser Group plc (LON:RKT) Shares Could Be 32% Below Their Intrinsic Value Estimate
Jul 19Reckitt Benckiser Group (LON:RKT) Has A Pretty Healthy Balance Sheet
May 11Reckitt Benckiser Group's (LON:RKT) Dividend Will Be UK£1.02
Apr 17Reckitt Benckiser Group (LON:RKT) Has Announced A Dividend Of UK£1.02
Apr 03An Intrinsic Calculation For Reckitt Benckiser Group plc (LON:RKT) Suggests It's 41% Undervalued
Mar 28Reckitt Benckiser Group (LON:RKT) Will Pay A Dividend Of UK£1.02
Mar 07Reckitt Benckiser Group (LON:RKT) Is Due To Pay A Dividend Of UK£1.02
Feb 20Is There An Opportunity With Reckitt Benckiser Group plc's (LON:RKT) 24% Undervaluation?
Dec 20These 4 Measures Indicate That Reckitt Benckiser Group (LON:RKT) Is Using Debt Extensively
Oct 06Are Investors Undervaluing Reckitt Benckiser Group plc (LON:RKT) By 24%?
Sep 15Financial Position Analysis
Short Term Liabilities: RKT's short term assets (£5.3B) do not cover its short term liabilities (£8.3B).
Long Term Liabilities: RKT's short term assets (£5.3B) do not cover its long term liabilities (£10.3B).
Debt to Equity History and Analysis
Debt Level: RKT's net debt to equity ratio (80.6%) is considered high.
Reducing Debt: RKT's debt to equity ratio has increased from 80.5% to 96.9% over the past 5 years.
Debt Coverage: RKT's debt is well covered by operating cash flow (32.1%).
Interest Coverage: RKT's interest payments on its debt are well covered by EBIT (13.1x coverage).