Renewi Balance Sheet Health
Financial Health criteria checks 3/6
Renewi has a total shareholder equity of €383.9M and total debt of €514.2M, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are €2.1B and €1.7B respectively. Renewi's EBIT is €115.5M making its interest coverage ratio 4.4. It has cash and short-term investments of €51.2M.
Key information
133.9%
Debt to equity ratio
€514.20m
Debt
Interest coverage ratio | 4.4x |
Cash | €51.20m |
Equity | €383.90m |
Total liabilities | €1.70b |
Total assets | €2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWI's short term assets (€386.1M) do not cover its short term liabilities (€717.1M).
Long Term Liabilities: RWI's short term assets (€386.1M) do not cover its long term liabilities (€981.2M).
Debt to Equity History and Analysis
Debt Level: RWI's net debt to equity ratio (120.6%) is considered high.
Reducing Debt: RWI's debt to equity ratio has reduced from 154.4% to 133.9% over the past 5 years.
Debt Coverage: RWI's debt is well covered by operating cash flow (39.5%).
Interest Coverage: RWI's interest payments on its debt are well covered by EBIT (4.4x coverage).