Renaissance Insurance Group JSC Balance Sheet Health
Financial Health criteria checks 5/6
Renaissance Insurance Group JSC has a total shareholder equity of RUB50.3B and total debt of RUB3.7B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are RUB178.7B and RUB128.5B respectively. Renaissance Insurance Group JSC's EBIT is RUB3.6B making its interest coverage ratio 7.9. It has cash and short-term investments of RUB106.6B.
Key information
7.4%
Debt to equity ratio
₽3.72b
Debt
| Interest coverage ratio | 7.9x |
| Cash | ₽106.63b |
| Equity | ₽50.25b |
| Total liabilities | ₽128.48b |
| Total assets | ₽178.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENI's short term assets (RUB118.5B) exceed its short term liabilities (RUB25.7B).
Long Term Liabilities: RENI's short term assets (RUB118.5B) exceed its long term liabilities (RUB102.8B).
Debt to Equity History and Analysis
Debt Level: RENI has more cash than its total debt.
Reducing Debt: RENI's debt to equity ratio has reduced from 33.2% to 7.4% over the past 5 years.
Debt Coverage: RENI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RENI's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/05 20:37 |
| End of Day Share Price | 2022/07/08 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Renaissance Insurance Group JSC is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Iain Pearce | Credit Suisse |
| Samuel Goodacre | J.P. Morgan |
| Mikhail Shlemov | VTB Capital |