Reway Group Balance Sheet Health
Financial Health criteria checks 3/6
Reway Group has a total shareholder equity of €78.2M and total debt of €83.7M, which brings its debt-to-equity ratio to 107.2%. Its total assets and total liabilities are €264.0M and €185.9M respectively. Reway Group's EBIT is €28.8M making its interest coverage ratio 13.6. It has cash and short-term investments of €20.9M.
Key information
107.2%
Debt to equity ratio
€83.75m
Debt
| Interest coverage ratio | 13.6x |
| Cash | €20.93m |
| Equity | €78.15m |
| Total liabilities | €185.87m |
| Total assets | €264.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWY's short term assets (€186.0M) exceed its short term liabilities (€95.4M).
Long Term Liabilities: RWY's short term assets (€186.0M) exceed its long term liabilities (€90.5M).
Debt to Equity History and Analysis
Debt Level: RWY's net debt to equity ratio (80.4%) is considered high.
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 not well covered by operating cash flow (12.9%).
Interest Coverage: RWY's interest payments on its debt are well covered by EBIT (13.6x coverage).