Renew Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Renew Holdings has a total shareholder equity of £148.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £393.5M and £244.8M respectively. Renew Holdings's EBIT is £51.6M making its interest coverage ratio 92.6. It has cash and short-term investments of £20.2M.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ratio92.6x
CashUK£20.22m
EquityUK£148.68m
Total liabilitiesUK£244.84m
Total assetsUK£393.52m

Recent financial health updates

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Recent updates

Financial Position Analysis

Short Term Liabilities: RNWH.F's short term assets (£188.7M) do not cover its short term liabilities (£227.2M).

Long Term Liabilities: RNWH.F's short term assets (£188.7M) exceed its long term liabilities (£17.6M).


Debt to Equity History and Analysis

Debt Level: RNWH.F is debt free.

Reducing Debt: RNWH.F has no debt compared to 5 years ago when its debt to equity ratio was 11.1%.

Debt Coverage: RNWH.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RNWH.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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