Rémy Cointreau Balance Sheet Health
Financial Health criteria checks 4/6
Rémy Cointreau has a total shareholder equity of €1.8B and total debt of €833.4M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are €3.5B and €1.8B respectively. Rémy Cointreau's EBIT is €279.4M making its interest coverage ratio 14.8. It has cash and short-term investments of €277.6M.
Key information
46.9%
Debt to equity ratio
€833.40m
Debt
Interest coverage ratio | 14.8x |
Cash | €277.60m |
Equity | €1.78b |
Total liabilities | €1.77b |
Total assets | €3.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REMY.F's short term assets (€2.5B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: REMY.F's short term assets (€2.5B) exceed its long term liabilities (€758.6M).
Debt to Equity History and Analysis
Debt Level: REMY.F's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: REMY.F's debt to equity ratio has increased from 32% to 46.9% over the past 5 years.
Debt Coverage: REMY.F's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: REMY.F's interest payments on its debt are well covered by EBIT (14.8x coverage).