Rubis Balance Sheet Health
Financial Health criteria checks 4/6
Rubis has a total shareholder equity of €2.8B and total debt of €1.9B, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are €6.3B and €3.6B respectively. Rubis's EBIT is €621.4M making its interest coverage ratio 7.4. It has cash and short-term investments of €589.7M.
Key information
70.6%
Debt to equity ratio
€1.95b
Debt
Interest coverage ratio | 7.4x |
Cash | €589.69m |
Equity | €2.76b |
Total liabilities | €3.58b |
Total assets | €6.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUIP's short term assets (€2.1B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: RUIP's short term assets (€2.1B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: RUIP's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: RUIP's debt to equity ratio has increased from 62.1% to 70.6% over the past 5 years.
Debt Coverage: RUIP's debt is well covered by operating cash flow (28.9%).
Interest Coverage: RUIP's interest payments on its debt are well covered by EBIT (7.4x coverage).