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 €704.5M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are €3.4B and €1.5B respectively. Rémy Cointreau's EBIT is €304.3M making its interest coverage ratio 9.6. It has cash and short-term investments of €93.0M.
Key information
38.2%
Debt to equity ratio
€704.50m
Debt
| Interest coverage ratio | 9.6x |
| Cash | €93.00m |
| Equity | €1.85b |
| Total liabilities | €1.53b |
| Total assets | €3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REMY.Y's short term assets (€2.3B) exceed its short term liabilities (€934.8M).
Long Term Liabilities: REMY.Y's short term assets (€2.3B) exceed its long term liabilities (€590.3M).
Debt to Equity History and Analysis
Debt Level: REMY.Y's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: REMY.Y's debt to equity ratio has increased from 34.5% to 38.2% over the past 5 years.
Debt Coverage: REMY.Y's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: REMY.Y's interest payments on its debt are well covered by EBIT (9.6x coverage).