Reunert Balance Sheet Health
Financial Health criteria checks 5/6
Reunert has a total shareholder equity of ZAR7.2B and total debt of ZAR1.3B, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are ZAR12.1B and ZAR4.8B respectively. Reunert's EBIT is ZAR1.2B making its interest coverage ratio 14.2. It has cash and short-term investments of ZAR1.0B.
Key information
18.2%
Debt to equity ratio
R1.31b
Debt
Interest coverage ratio | 14.2x |
Cash | R1.01b |
Equity | R7.23b |
Total liabilities | R4.83b |
Total assets | R12.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNRT.Y's short term assets (ZAR7.4B) exceed its short term liabilities (ZAR4.1B).
Long Term Liabilities: RNRT.Y's short term assets (ZAR7.4B) exceed its long term liabilities (ZAR758.0M).
Debt to Equity History and Analysis
Debt Level: RNRT.Y's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: RNRT.Y's debt to equity ratio has increased from 9% to 18.2% over the past 5 years.
Debt Coverage: RNRT.Y's debt is well covered by operating cash flow (66.5%).
Interest Coverage: RNRT.Y's interest payments on its debt are well covered by EBIT (14.2x coverage).