Rai Way Balance Sheet Health
Financial Health criteria checks 3/6
Rai Way has a total shareholder equity of €188.7M and total debt of €101.5M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are €470.3M and €281.6M respectively. Rai Way's EBIT is €125.8M making its interest coverage ratio 28. It has cash and short-term investments of €34.1M.
Key information
53.8%
Debt to equity ratio
€101.50m
Debt
Interest coverage ratio | 28x |
Cash | €34.10m |
Equity | €188.70m |
Total liabilities | €281.60m |
Total assets | €470.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R40's short term assets (€111.3M) do not cover its short term liabilities (€136.6M).
Long Term Liabilities: 0R40's short term assets (€111.3M) do not cover its long term liabilities (€145.0M).
Debt to Equity History and Analysis
Debt Level: 0R40's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: 0R40's debt to equity ratio has increased from 0.4% to 53.8% over the past 5 years.
Debt Coverage: 0R40's debt is well covered by operating cash flow (144.7%).
Interest Coverage: 0R40's interest payments on its debt are well covered by EBIT (28x coverage).