Rubis Balance Sheet Health
Financial Health criteria checks 5/6
Rubis has a total shareholder equity of €2.8B and total debt of €1.9B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are €6.5B and €3.6B respectively. Rubis's EBIT is €554.4M making its interest coverage ratio 5.6. It has cash and short-term investments of €457.7M.
Key information
69.0%
Debt to equity ratio
€1.95b
Debt
| Interest coverage ratio | 5.6x |
| Cash | €457.71m |
| Equity | €2.83b |
| Total liabilities | €3.63b |
| Total assets | €6.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUIP's short term assets (€2.4B) exceed its short term liabilities (€1.6B).
Long Term Liabilities: RUIP's short term assets (€2.4B) exceed its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: RUIP's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: RUIP's debt to equity ratio has reduced from 72.7% to 69% over the past 5 years.
Debt Coverage: RUIP's debt is well covered by operating cash flow (31.1%).
Interest Coverage: RUIP's interest payments on its debt are well covered by EBIT (5.6x coverage).