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 ratio | 92.6x |
| Cash | UK£20.22m |
| Equity | UK£148.68m |
| Total liabilities | UK£244.84m |
| Total assets | UK£393.52m |
Recent financial health updates
No updates
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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/30 12:36 |
| End of Day Share Price | 2022/09/02 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2022/09/30 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Renew Holdings plc is covered by 12 analysts. 4 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 |
|---|---|
| Calum Battersby | Berenberg |
| James Bayliss | Berenberg |
| Kevin Cammack | Cavendish Historical (Cenkos Securities) |