Laboratorio Reig Jofre Balance Sheet Health
Financial Health criteria checks 5/6
Laboratorio Reig Jofre has a total shareholder equity of €212.1M and total debt of €52.4M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are €346.9M and €134.8M respectively. Laboratorio Reig Jofre's EBIT is €14.0M making its interest coverage ratio 10.1. It has cash and short-term investments of €10.6M.
Key information
24.7%
Debt to equity ratio
€52.43m
Debt
| Interest coverage ratio | 10.1x |
| Cash | €10.60m |
| Equity | €212.07m |
| Total liabilities | €134.80m |
| Total assets | €346.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RB1's short term assets (€147.8M) exceed its short term liabilities (€80.7M).
Long Term Liabilities: 0RB1's short term assets (€147.8M) exceed its long term liabilities (€54.0M).
Debt to Equity History and Analysis
Debt Level: 0RB1's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: 0RB1's debt to equity ratio has increased from 8.8% to 24.7% over the past 5 years.
Debt Coverage: 0RB1's debt is well covered by operating cash flow (31.2%).
Interest Coverage: 0RB1's interest payments on its debt are well covered by EBIT (10.1x coverage).