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).