Rai Way Balance Sheet Health
Financial Health criteria checks 4/6
Rai Way has a total shareholder equity of €212.5M and total debt of €102.9M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are €490.6M and €278.1M respectively. Rai Way's EBIT is €126.9M making its interest coverage ratio 29.1. It has cash and short-term investments of €47.7M.
Key information
48.4%
Debt to equity ratio
€102.87m
Debt
Interest coverage ratio | 29.1x |
Cash | €47.75m |
Equity | €212.52m |
Total liabilities | €278.10m |
Total assets | €490.62m |
Recent financial health updates
Is 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 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 22Rai 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 (€136.8M) exceed its short term liabilities (€134.5M).
Long Term Liabilities: RWAY's short term assets (€136.8M) do not cover its long term liabilities (€143.6M).
Debt to Equity History and Analysis
Debt Level: RWAY's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: RWAY's debt to equity ratio has increased from 0.3% to 48.4% over the past 5 years.
Debt Coverage: RWAY's debt is well covered by operating cash flow (143.3%).
Interest Coverage: RWAY's interest payments on its debt are well covered by EBIT (29.1x coverage).