Renishaw Balance Sheet Health
Financial Health criteria checks 5/6
Renishaw has a total shareholder equity of £866.7M and total debt of £4.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are £987.7M and £120.9M respectively. Renishaw's EBIT is £114.0M making its interest coverage ratio -12.2. It has cash and short-term investments of £178.3M.
Key information
0.5%
Debt to equity ratio
UK£4.37m
Debt
| Interest coverage ratio | -12.2x |
| Cash | UK£178.26m |
| Equity | UK£866.73m |
| Total liabilities | UK£120.95m |
| Total assets | UK£987.68m |
Recent financial health updates
Is Renishaw (LON:RSW) Using Too Much Debt?
May 31
These 4 Measures Indicate That Renishaw (LON:RSW) Is Using Debt Reasonably Well
Nov 18These 4 Measures Indicate That Renishaw (LON:RSW) Is Using Debt Reasonably Well
Jun 07Is Renishaw (LON:RSW) A Risky Investment?
Feb 27Renishaw (LON:RSW) Seems To Use Debt Rather Sparingly
Nov 17Is Renishaw (LON:RSW) A Risky Investment?
May 31Recent updates
Renishaw plc's (LON:RSW) Intrinsic Value Is Potentially 22% Below Its Share Price
Sep 05Renishaw plc's (LON:RSW) Business Is Trailing The Market But Its Shares Aren't
Jun 21Is Renishaw (LON:RSW) Using Too Much Debt?
May 31Renishaw (LON:RSW) Will Be Hoping To Turn Its Returns On Capital Around
Mar 24Subdued Growth No Barrier To Renishaw plc (LON:RSW) With Shares Advancing 26%
Mar 03Renishaw (LON:RSW) Has Announced A Dividend Of £0.168
Feb 09Risks To Shareholder Returns Are Elevated At These Prices For Renishaw plc (LON:RSW)
Jan 05These 4 Measures Indicate That Renishaw (LON:RSW) Is Using Debt Reasonably Well
Nov 18Renishaw (LON:RSW) Has Announced That It Will Be Increasing Its Dividend To £0.594
Oct 28Renishaw (LON:RSW) Has Announced That It Will Be Increasing Its Dividend To £0.594
Oct 05Renishaw (LON:RSW) Will Be Hoping To Turn Its Returns On Capital Around
Sep 21These 4 Measures Indicate That Renishaw (LON:RSW) Is Using Debt Reasonably Well
Jun 07Renishaw (LON:RSW) May Have Issues Allocating Its Capital
May 17Is Renishaw (LON:RSW) A Risky Investment?
Feb 27Renishaw (LON:RSW) Will Pay A Larger Dividend Than Last Year At £0.168
Feb 05Returns At Renishaw (LON:RSW) Appear To Be Weighed Down
Dec 28Renishaw plc's (LON:RSW) Intrinsic Value Is Potentially 25% Below Its Share Price
Dec 05Renishaw (LON:RSW) Seems To Use Debt Rather Sparingly
Nov 17Renishaw's (LON:RSW) Upcoming Dividend Will Be Larger Than Last Year's
Oct 27Do Renishaw's (LON:RSW) Earnings Warrant Your Attention?
Oct 05Renishaw (LON:RSW) Is Paying Out A Larger Dividend Than Last Year
Sep 18Renishaw (LON:RSW) Looks To Prolong Its Impressive Returns
Sep 01A Look At The Intrinsic Value Of Renishaw plc (LON:RSW)
Jun 19Is Renishaw (LON:RSW) A Risky Investment?
May 31Why You Should Care About Renishaw's (LON:RSW) Strong Returns On Capital
May 10Renishaw (LON:RSW) Will Pay A Larger Dividend Than Last Year At UK£0.16
Mar 03Is Renishaw (LON:RSW) Using Too Much Debt?
Feb 23Renishaw (LON:RSW) Will Pay A Larger Dividend Than Last Year At UK£0.16
Feb 06Returns On Capital At Renishaw (LON:RSW) Have Hit The Brakes
Dec 26Is It Too Late To Consider Buying Renishaw plc (LON:RSW)?
Dec 05We Think Renishaw (LON:RSW) Can Manage Its Debt With Ease
Nov 14Capital Allocation Trends At Renishaw (LON:RSW) Aren't Ideal
Sep 06Is There Now An Opportunity In Renishaw plc (LON:RSW)?
Jul 16Some Investors May Be Worried About Renishaw's (LON:RSW) Returns On Capital
Apr 06Renishaw (LON:RSW) Has A Rock Solid Balance Sheet
Mar 16Are Renishaw plc's (LON:RSW) Mixed Financials Driving The Negative Sentiment?
Feb 23Renishaw plc Just Beat Revenue Estimates By 5.0%
Feb 07
Financial Position Analysis
Short Term Liabilities: RSW's short term assets (£535.4M) exceed its short term liabilities (£86.8M).
Long Term Liabilities: RSW's short term assets (£535.4M) exceed its long term liabilities (£34.2M).
Debt to Equity History and Analysis
Debt Level: RSW has more cash than its total debt.
Reducing Debt: RSW's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: RSW's debt is well covered by operating cash flow (2706.1%).
Interest Coverage: RSW earns more interest than it pays, so coverage of interest payments is not a concern.