Rai Way Balance Sheet Health
Financial Health criteria checks 3/6
Rai Way has a total shareholder equity of €188.7M and total debt of €101.5M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are €470.3M and €281.6M respectively. Rai Way's EBIT is €125.8M making its interest coverage ratio 28. It has cash and short-term investments of €34.1M.
Key information
53.8%
Debt to equity ratio
€101.50m
Debt
| Interest coverage ratio | 28x |
| Cash | €34.10m |
| Equity | €188.70m |
| Total liabilities | €281.60m |
| Total assets | €470.30m |
Recent financial health updates
Is Rai Way (BIT:RWAY) Using Too Much Debt?
Oct 27
Is 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 10Rai Way (BIT:RWAY) Seems To Use Debt Quite Sensibly
Mar 31Does Rai Way (BIT:RWAY) Have A Healthy Balance Sheet?
Nov 28Recent updates
Is 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 (€111.3M) do not cover its short term liabilities (€136.6M).
Long Term Liabilities: RWAY's short term assets (€111.3M) do not cover its long term liabilities (€145.0M).
Debt to Equity History and Analysis
Debt Level: RWAY's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: RWAY's debt to equity ratio has increased from 0.4% to 53.8% over the past 5 years.
Debt Coverage: RWAY's debt is well covered by operating cash flow (144.7%).
Interest Coverage: RWAY's interest payments on its debt are well covered by EBIT (28x coverage).