Reckitt Benckiser Group Balance Sheet Health
Financial Health criteria checks 2/6
Reckitt Benckiser Group has a total shareholder equity of £8.1B and total debt of £8.8B, which brings its debt-to-equity ratio to 108.7%. Its total assets and total liabilities are £26.4B and £18.3B respectively. Reckitt Benckiser Group's EBIT is £3.2B making its interest coverage ratio 10.9. It has cash and short-term investments of £986.0M.
Key information
108.7%
Debt to equity ratio
UK£8.80b
Debt
| Interest coverage ratio | 10.9x |
| Cash | UK£986.00m |
| Equity | UK£8.09b |
| Total liabilities | UK£18.32b |
| Total assets | UK£26.41b |
Recent financial health updates
Reckitt Benckiser Group (LON:RKT) Seems To Use Debt Quite Sensibly
Aug 27
These 4 Measures Indicate That Reckitt Benckiser Group (LON:RKT) Is Using Debt Reasonably Well
Jul 28Here'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 11Recent updates
There's Been No Shortage Of Growth Recently For Reckitt Benckiser Group's (LON:RKT) Returns On Capital
Nov 07Reckitt Benckiser Group plc (LON:RKT) Shares Could Be 41% Below Their Intrinsic Value Estimate
Oct 23Earnings Tell The Story For Reckitt Benckiser Group plc (LON:RKT)
Sep 20Reckitt Benckiser Group (LON:RKT) Seems To Use Debt Quite Sensibly
Aug 27Reckitt Benckiser Group (LON:RKT) Has Announced A Dividend Of £0.804
Jul 27Reckitt Benckiser Group plc (LON:RKT) Just Released Its Interim Earnings: Here's What Analysts Think
Jul 26We Like These Underlying Return On Capital Trends At Reckitt Benckiser Group (LON:RKT)
Jul 12With Reckitt Benckiser Group plc (LON:RKT) It Looks Like You'll Get What You Pay For
Jun 21Reckitt 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 20Financial Position Analysis
Short Term Liabilities: RKT's short term assets (£4.9B) do not cover its short term liabilities (£7.0B).
Long Term Liabilities: RKT's short term assets (£4.9B) do not cover its long term liabilities (£11.3B).
Debt to Equity History and Analysis
Debt Level: RKT's net debt to equity ratio (96.5%) is considered high.
Reducing Debt: RKT's debt to equity ratio has increased from 82.6% to 108.7% over the past 5 years.
Debt Coverage: RKT's debt is well covered by operating cash flow (30.5%).
Interest Coverage: RKT's interest payments on its debt are well covered by EBIT (10.9x coverage).