Reway Group Balance Sheet Health
Financial Health criteria checks 5/6
Reway Group has a total shareholder equity of €62.2M and total debt of €10.8M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are €108.9M and €46.7M respectively. Reway Group's EBIT is €17.0M making its interest coverage ratio 63.1. It has cash and short-term investments of €16.4M.
Key information
17.4%
Debt to equity ratio
€10.85m
Debt
Interest coverage ratio | 63.1x |
Cash | €16.42m |
Equity | €62.21m |
Total liabilities | €46.67m |
Total assets | €108.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWY's short term assets (€84.8M) exceed its short term liabilities (€39.2M).
Long Term Liabilities: RWY's short term assets (€84.8M) exceed its long term liabilities (€7.5M).
Debt to Equity History and Analysis
Debt Level: RWY has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RWY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RWY's debt is well covered by operating cash flow (61.3%).
Interest Coverage: RWY's interest payments on its debt are well covered by EBIT (63.1x coverage).