Rexel Balance Sheet Health
Financial Health criteria checks 6/6
Rexel has a total shareholder equity of €5.5B and total debt of €2.8B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are €13.6B and €8.1B respectively. Rexel's EBIT is €1.3B making its interest coverage ratio 9. It has cash and short-term investments of €912.7M.
Key information
51.0%
Debt to equity ratio
€2.82b
Debt
Interest coverage ratio | 9x |
Cash | €912.70m |
Equity | €5.53b |
Total liabilities | €8.12b |
Total assets | €13.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RXLS.F's short term assets (€6.7B) exceed its short term liabilities (€3.8B).
Long Term Liabilities: RXLS.F's short term assets (€6.7B) exceed its long term liabilities (€4.3B).
Debt to Equity History and Analysis
Debt Level: RXLS.F's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: RXLS.F's debt to equity ratio has reduced from 62% to 51% over the past 5 years.
Debt Coverage: RXLS.F's debt is well covered by operating cash flow (33.4%).
Interest Coverage: RXLS.F's interest payments on its debt are well covered by EBIT (9x coverage).