Rai Way Balance Sheet Health
Financial Health criteria checks 2/6
Rai Way has a total shareholder equity of €173.2M and total debt of €133.9M, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are €454.2M and €281.0M respectively. Rai Way's EBIT is €128.8M making its interest coverage ratio 22.3. It has cash and short-term investments of €16.4M.
Key information
77.3%
Debt to equity ratio
€133.90m
Debt
| Interest coverage ratio | 22.3x |
| Cash | €16.39m |
| Equity | €173.21m |
| Total liabilities | €280.99m |
| Total assets | €454.20m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RWAYM's short term assets (€103.6M) do not cover its short term liabilities (€140.2M).
Long Term Liabilities: RWAYM's short term assets (€103.6M) do not cover its long term liabilities (€140.8M).
Debt to Equity History and Analysis
Debt Level: RWAYM's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: RWAYM's debt to equity ratio has increased from 0.3% to 77.3% over the past 5 years.
Debt Coverage: RWAYM's debt is well covered by operating cash flow (108.1%).
Interest Coverage: RWAYM's interest payments on its debt are well covered by EBIT (22.3x coverage).