Rai Way Balance Sheet Health
Financial Health criteria checks 2/6
Rai Way has a total shareholder equity of €173.2M and total debt of €133.9M, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are €454.2M and €281.0M respectively. Rai Way's EBIT is €128.8M making its interest coverage ratio 24.9. It has cash and short-term investments of €16.4M.
Key information
77.3%
Debt to equity ratio
€133.90m
Debt
| Interest coverage ratio | 24.9x |
| Cash | €16.39m |
| Equity | €173.21m |
| Total liabilities | €280.99m |
| Total assets | €454.20m |
Recent financial health updates
These 4 Measures Indicate That Rai Way (BIT:RWAY) Is Using Debt Reasonably Well
Oct 18
Rai Way (BIT:RWAY) Has A Pretty Healthy Balance Sheet
May 22Is Rai Way (BIT:RWAY) Using Too Much Debt?
Oct 27Is Rai Way (BIT:RWAY) A Risky Investment?
Jun 20Rai Way (BIT:RWAY) Seems To Use Debt Quite Sensibly
Dec 15Is Rai Way (BIT:RWAY) Using Too Much Debt?
Aug 10Recent updates
Analysts Have Made A Financial Statement On Rai Way S.p.A.'s (BIT:RWAY) Third-Quarter Report
Nov 17Shareholders Are Optimistic That Rai Way (BIT:RWAY) Will Multiply In Value
Nov 07These 4 Measures Indicate That Rai Way (BIT:RWAY) Is Using Debt Reasonably Well
Oct 18A Look Into Rai Way's (BIT:RWAY) Impressive Returns On Capital
Jul 13Rai Way (BIT:RWAY) Has A Pretty Healthy Balance Sheet
May 22Is Rai Way S.p.A. (BIT:RWAY) Trading At A 26% Discount?
Apr 16Rai Way S.p.A. (BIT:RWAY) Yearly Results: Here's What Analysts Are Forecasting For This Year
Mar 29Rai Way S.p.A.'s (BIT:RWAY) Shareholders Might Be Looking For Exit
Feb 01Calculating The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
Dec 11Is Rai Way (BIT:RWAY) Using Too Much Debt?
Oct 27Calculating The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
Jul 08Is Rai Way (BIT:RWAY) A Risky Investment?
Jun 20Calculating The Fair Value Of Rai Way S.p.A. (BIT:RWAY)
Mar 29Rai Way (BIT:RWAY) Seems To Use Debt Quite Sensibly
Dec 15A Look At The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
Nov 24Rai Way (BIT:RWAY) Is Aiming To Keep Up Its Impressive Returns
Nov 01Is Rai Way (BIT:RWAY) Using Too Much Debt?
Aug 10Rai Way (BIT:RWAY) Seems To Use Debt Quite Sensibly
Mar 31Calculating The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
Mar 08Does Rai Way (BIT:RWAY) Have A Healthy Balance Sheet?
Nov 28The Trend Of High Returns At Rai Way (BIT:RWAY) Has Us Very Interested
Oct 20A Look At The Fair Value Of Rai Way S.p.A. (BIT:RWAY)
Sep 04We Think Rai Way (BIT:RWAY) Can Stay On Top Of Its Debt
Jun 07Does This Valuation Of Rai Way S.p.A. (BIT:RWAY) Imply Investors Are Overpaying?
Apr 20Under The Bonnet, Rai Way's (BIT:RWAY) Returns Look Impressive
Mar 16Rai Way (BIT:RWAY) Could Easily Take On More Debt
Feb 26Consider This Before Buying Rai Way S.p.A. (BIT:RWAY) For The 4.4% Dividend
Feb 10Rai Way (BIT:RWAY) Has Compensated Shareholders With A Respectable 49% Return On Their Investment
Jan 22
Rai Way S.p.A. (BIT:RWAY) Shares Could Be 25% Above Their Intrinsic Value Estimate
Jan 07Do Fundamentals Have Any Role To Play In Driving Rai Way S.p.A.'s (BIT:RWAY) Stock Up Recently?
Dec 22Will Rai Way (BIT:RWAY) Become A Multi-Bagger?
Dec 04Financial Position Analysis
Short Term Liabilities: RWAY's short term assets (€103.6M) do not cover its short term liabilities (€140.2M).
Long Term Liabilities: RWAY's short term assets (€103.6M) do not cover its long term liabilities (€140.8M).
Debt to Equity History and Analysis
Debt Level: RWAY's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: RWAY's debt to equity ratio has increased from 0.3% to 77.3% over the past 5 years.
Debt Coverage: RWAY's debt is well covered by operating cash flow (108.1%).
Interest Coverage: RWAY's interest payments on its debt are well covered by EBIT (24.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 01:58 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rai Way S.p.A. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrea Devita | Banca Akros S.p.A. (ESN) |
| Robert Berg | Berenberg |
| Giuseppe Marsella | BNP Paribas Exane |