Rieter Holding Balance Sheet Health
Financial Health criteria checks 2/6
Rieter Holding has a total shareholder equity of CHF397.1M and total debt of CHF343.4M, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are CHF1.2B and CHF846.9M respectively. Rieter Holding's EBIT is CHF60.2M making its interest coverage ratio 5.8. It has cash and short-term investments of CHF99.5M.
Key information
86.5%
Debt to equity ratio
CHF 343.40m
Debt
| Interest coverage ratio | 5.8x |
| Cash | CHF 99.50m |
| Equity | CHF 397.10m |
| Total liabilities | CHF 846.90m |
| Total assets | CHF 1.24b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RTRZ.Y's short term assets (CHF535.3M) do not cover its short term liabilities (CHF595.4M).
Long Term Liabilities: RTRZ.Y's short term assets (CHF535.3M) exceed its long term liabilities (CHF251.5M).
Debt to Equity History and Analysis
Debt Level: RTRZ.Y's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: RTRZ.Y's debt to equity ratio has increased from 29.5% to 86.5% over the past 5 years.
Debt Coverage: RTRZ.Y's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: RTRZ.Y's interest payments on its debt are well covered by EBIT (5.8x coverage).