Rank Group Balance Sheet Health
Financial Health criteria checks 2/6
Rank Group has a total shareholder equity of £335.3M and total debt of £54.4M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are £740.9M and £405.6M respectively. Rank Group's EBIT is £32.1M making its interest coverage ratio 2.6. It has cash and short-term investments of £69.7M.
Key information
16.2%
Debt to equity ratio
UK£54.40m
Debt
| Interest coverage ratio | 2.6x |
| Cash | UK£69.70m |
| Equity | UK£335.30m |
| Total liabilities | UK£405.60m |
| Total assets | UK£740.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RANK.F's short term assets (£107.9M) do not cover its short term liabilities (£245.9M).
Long Term Liabilities: RANK.F's short term assets (£107.9M) do not cover its long term liabilities (£159.7M).
Debt to Equity History and Analysis
Debt Level: RANK.F has more cash than its total debt.
Reducing Debt: RANK.F's debt to equity ratio has increased from 14.7% to 16.2% over the past 5 years.
Debt Coverage: RANK.F's debt is well covered by operating cash flow (174.3%).
Interest Coverage: RANK.F's interest payments on its debt are not well covered by EBIT (2.6x coverage).