Republic Services Balance Sheet Health
Financial Health criteria checks 2/6
Republic Services has a total shareholder equity of $11.2B and total debt of $12.3B, which brings its debt-to-equity ratio to 109.8%. Its total assets and total liabilities are $31.8B and $20.6B respectively. Republic Services's EBIT is $3.1B making its interest coverage ratio 5.9. It has cash and short-term investments of $83.4M.
Key information
109.8%
Debt to equity ratio
US$12.33b
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$83.40m |
| Equity | US$11.23b |
| Total liabilities | US$20.58b |
| Total assets | US$31.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSGA *'s short term assets ($2.3B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: RSGA *'s short term assets ($2.3B) do not cover its long term liabilities ($16.9B).
Debt to Equity History and Analysis
Debt Level: RSGA *'s net debt to equity ratio (109%) is considered high.
Reducing Debt: RSGA *'s debt to equity ratio has increased from 107.3% to 109.8% over the past 5 years.
Debt Coverage: RSGA *'s debt is well covered by operating cash flow (30.9%).
Interest Coverage: RSGA *'s interest payments on its debt are well covered by EBIT (5.9x coverage).