RCS MediaGroup Balance Sheet Health
Financial Health criteria checks 5/6
RCS MediaGroup has a total shareholder equity of €414.9M and total debt of €58.3M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are €1.1B and €635.7M respectively. RCS MediaGroup's EBIT is €92.9M making its interest coverage ratio 21.1. It has cash and short-term investments of €14.1M.
Key information
14.1%
Debt to equity ratio
€58.30m
Debt
| Interest coverage ratio | 21.1x |
| Cash | €14.10m |
| Equity | €414.90m |
| Total liabilities | €635.70m |
| Total assets | €1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QEJ's short term assets (€336.8M) do not cover its short term liabilities (€382.6M).
Long Term Liabilities: 0QEJ's short term assets (€336.8M) exceed its long term liabilities (€253.1M).
Debt to Equity History and Analysis
Debt Level: 0QEJ's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 0QEJ's debt to equity ratio has reduced from 74.1% to 14.1% over the past 5 years.
Debt Coverage: 0QEJ's debt is well covered by operating cash flow (191.9%).
Interest Coverage: 0QEJ's interest payments on its debt are well covered by EBIT (21.1x coverage).