RELX Balance Sheet Health
Financial Health criteria checks 3/6
RELX has a total shareholder equity of £3.4B and total debt of £6.4B, which brings its debt-to-equity ratio to 184.8%. Its total assets and total liabilities are £14.9B and £11.5B respectively. RELX's EBIT is £2.6B making its interest coverage ratio 9. It has cash and short-term investments of £155.0M.
Key information
184.8%
Debt to equity ratio
UK£6.36b
Debt
Interest coverage ratio | 9x |
Cash | UK£155.00m |
Equity | UK£3.44b |
Total liabilities | UK£11.48b |
Total assets | UK£14.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REL N's short term assets (£2.9B) do not cover its short term liabilities (£5.5B).
Long Term Liabilities: REL N's short term assets (£2.9B) do not cover its long term liabilities (£6.0B).
Debt to Equity History and Analysis
Debt Level: REL N's net debt to equity ratio (180.3%) is considered high.
Reducing Debt: REL N's debt to equity ratio has reduced from 255.2% to 184.8% over the past 5 years.
Debt Coverage: REL N's debt is well covered by operating cash flow (38.7%).
Interest Coverage: REL N's interest payments on its debt are well covered by EBIT (9x coverage).