RELX Balance Sheet Health
Financial Health criteria checks 3/6
RELX has a total shareholder equity of £3.2B and total debt of £6.8B, which brings its debt-to-equity ratio to 214.6%. Its total assets and total liabilities are £14.7B and £11.5B respectively. RELX's EBIT is £2.8B making its interest coverage ratio 9.5. It has cash and short-term investments of £140.0M.
Key information
214.6%
Debt to equity ratio
UK£6.83b
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£140.00m |
| Equity | UK£3.18b |
| Total liabilities | UK£11.53b |
| Total assets | UK£14.71b |
Recent financial health updates
No updates
Recent updates
RELX PLC: I've Underestimated This Company
Aug 29RELX: Business Remains Strong, But Now Looks Overvalued (Rating Downgrade)
Jun 04RELX Q4: Strong Demand Momentum Should Sustain Current Organic Growth Pace
Feb 29RELX: No Surprises
Feb 18RELX: Eyes On Risk And Exhibitions Businesses
Dec 01RELX: Taking A Breather (Rating Downgrade)
Sep 22RELX: Continues To Showcase Unfavorable Valuation
Jul 14RELX Non-GAAP EPS of 102.2p, revenue of £8.55B
Feb 16RELX: Consulting Appeal, But Only At A Good Price
Dec 11RELX Is A Buy On Positive Outlook And Attractive Valuations
Sep 29RELX 1H GAAP EPS, revenue up Y/Y
Aug 01RELX: SaaS Industry's Future
Jul 15RELX: Improving Performance Underlines Investment Case
Jan 29RELX PLC: A Mixed Outlook
Sep 21RELX: Better Times Coming
Jul 08RELX goes ex-dividend tomorrow
Apr 28RELX (RELX) Investor Presentation - Slideshow
Nov 18Financial Position Analysis
Short Term Liabilities: RELX's short term assets (£2.7B) do not cover its short term liabilities (£5.6B).
Long Term Liabilities: RELX's short term assets (£2.7B) do not cover its long term liabilities (£6.0B).
Debt to Equity History and Analysis
Debt Level: RELX's net debt to equity ratio (210.2%) is considered high.
Reducing Debt: RELX's debt to equity ratio has reduced from 291.8% to 214.6% over the past 5 years.
Debt Coverage: RELX's debt is well covered by operating cash flow (37.1%).
Interest Coverage: RELX's interest payments on its debt are well covered by EBIT (9.5x coverage).