Rexel Balance Sheet Health
Financial Health criteria checks 5/6
Rexel has a total shareholder equity of €5.6B and total debt of €3.0B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are €14.1B and €8.5B respectively. Rexel's EBIT is €1.1B making its interest coverage ratio 7.1. It has cash and short-term investments of €416.9M.
Key information
53.6%
Debt to equity ratio
€2.98b
Debt
| Interest coverage ratio | 7.1x |
| Cash | €416.90m |
| Equity | €5.57b |
| Total liabilities | €8.54b |
| Total assets | €14.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RXEE.Y's short term assets (€6.7B) exceed its short term liabilities (€4.1B).
Long Term Liabilities: RXEE.Y's short term assets (€6.7B) exceed its long term liabilities (€4.5B).
Debt to Equity History and Analysis
Debt Level: RXEE.Y's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: RXEE.Y's debt to equity ratio has reduced from 63.4% to 53.6% over the past 5 years.
Debt Coverage: RXEE.Y's debt is well covered by operating cash flow (34.9%).
Interest Coverage: RXEE.Y's interest payments on its debt are well covered by EBIT (7.1x coverage).