Renewi Balance Sheet Health
Financial Health criteria checks 2/6
Renewi has a total shareholder equity of €346.9M and total debt of €507.7M, which brings its debt-to-equity ratio to 146.4%. Its total assets and total liabilities are €2.0B and €1.7B respectively. Renewi's EBIT is €151.3M making its interest coverage ratio 7.5. It has cash and short-term investments of €69.6M.
Key information
146.4%
Debt to equity ratio
€507.70m
Debt
| Interest coverage ratio | 7.5x |
| Cash | €69.60m |
| Equity | €346.90m |
| Total liabilities | €1.69b |
| Total assets | €2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWI N's short term assets (€401.3M) do not cover its short term liabilities (€629.0M).
Long Term Liabilities: RWI N's short term assets (€401.3M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: RWI N's net debt to equity ratio (126.3%) is considered high.
Reducing Debt: RWI N's debt to equity ratio has increased from 131.1% to 146.4% over the past 5 years.
Debt Coverage: RWI N's debt is well covered by operating cash flow (35.9%).
Interest Coverage: RWI N's interest payments on its debt are well covered by EBIT (7.5x coverage).