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.