Renault Balance Sheet Health
Financial Health criteria checks 3/6
Renault has a total shareholder equity of €29.5B and total debt of €63.8B, which brings its debt-to-equity ratio to 215.9%. Its total assets and total liabilities are €118.3B and €88.8B respectively. Renault's EBIT is €2.5B making its interest coverage ratio 17.2. It has cash and short-term investments of €22.4B.
Key information
215.9%
Debt to equity ratio
€63.79b
Debt
| Interest coverage ratio | 17.2x |
| Cash | €22.36b |
| Equity | €29.54b |
| Total liabilities | €88.78b |
| Total assets | €118.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNO N's short term assets (€81.8B) exceed its short term liabilities (€73.0B).
Long Term Liabilities: RNO N's short term assets (€81.8B) exceed its long term liabilities (€15.7B).
Debt to Equity History and Analysis
Debt Level: RNO N's net debt to equity ratio (140.2%) is considered high.
Reducing Debt: RNO N's debt to equity ratio has increased from 149.1% to 215.9% over the past 5 years.
Debt Coverage: RNO N's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: RNO N's interest payments on its debt are well covered by EBIT (17.2x coverage).