Reynolds Consumer Products Balance Sheet Health
Financial Health criteria checks 4/6
Reynolds Consumer Products has a total shareholder equity of $2.0B and total debt of $1.8B, which brings its debt-to-equity ratio to 92.4%. Its total assets and total liabilities are $4.8B and $2.8B respectively. Reynolds Consumer Products's EBIT is $512.0M making its interest coverage ratio 4.4. It has cash and short-term investments of $115.0M.
Key information
92.4%
Debt to equity ratio
US$1.83b
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$115.00m |
| Equity | US$1.98b |
| Total liabilities | US$2.80b |
| Total assets | US$4.78b |
Recent financial health updates
Is Reynolds Consumer Products (NASDAQ:REYN) Using Too Much Debt?
Apr 09
These 4 Measures Indicate That Reynolds Consumer Products (NASDAQ:REYN) Is Using Debt Extensively
Sep 30Reynolds Consumer Products (NASDAQ:REYN) Takes On Some Risk With Its Use Of Debt
Jun 17Is Reynolds Consumer Products (NASDAQ:REYN) A Risky Investment?
Oct 04Does Reynolds Consumer Products (NASDAQ:REYN) Have A Healthy Balance Sheet?
May 21Here's Why Reynolds Consumer Products (NASDAQ:REYN) Has A Meaningful Debt Burden
Nov 08Recent updates
Is Reynolds Consumer Products (NASDAQ:REYN) Using Too Much Debt?
Apr 09Reynolds Consumer Products: Further Evidence Of Financial Improvement Required
Apr 05The Returns At Reynolds Consumer Products (NASDAQ:REYN) Aren't Growing
Feb 21Reynolds Consumer Products (NASDAQ:REYN) Is Due To Pay A Dividend Of $0.23
Jan 30Reynolds Consumer Products Inc.'s (NASDAQ:REYN) Shares May Have Run Too Fast Too Soon
Jan 16Reynolds Consumer Products Inc.'s (NASDAQ:REYN) Intrinsic Value Is Potentially 60% Above Its Share Price
Dec 26Reynolds Consumer Products (NASDAQ:REYN) Has Affirmed Its Dividend Of $0.23
Oct 31Investors Could Be Concerned With Reynolds Consumer Products' (NASDAQ:REYN) Returns On Capital
Oct 21These 4 Measures Indicate That Reynolds Consumer Products (NASDAQ:REYN) Is Using Debt Extensively
Sep 30An Intrinsic Calculation For Reynolds Consumer Products Inc. (NASDAQ:REYN) Suggests It's 47% Undervalued
Sep 05Reynolds Consumer Products (NASDAQ:REYN) Will Pay A Dividend Of $0.23
Aug 15Reynolds Consumer Products (NASDAQ:REYN) Has Announced A Dividend Of $0.23
Aug 01There Are Reasons To Feel Uneasy About Reynolds Consumer Products' (NASDAQ:REYN) Returns On Capital
Jul 05Reynolds Consumer Products (NASDAQ:REYN) Takes On Some Risk With Its Use Of Debt
Jun 17Reynolds Consumer Products (NASDAQ:REYN) Has Announced A Dividend Of $0.23
May 02Estimating The Intrinsic Value Of Reynolds Consumer Products Inc. (NASDAQ:REYN)
Mar 20Reynolds Consumer Products (NASDAQ:REYN) Could Be Struggling To Allocate Capital
Mar 01Reynolds Consumer Products (NASDAQ:REYN) Is Due To Pay A Dividend Of $0.23
Feb 01A Look At The Intrinsic Value Of Reynolds Consumer Products Inc. (NASDAQ:REYN)
Dec 02Reynolds Consumer Products (NASDAQ:REYN) Has Affirmed Its Dividend Of $0.23
Nov 01Investors Could Be Concerned With Reynolds Consumer Products' (NASDAQ:REYN) Returns On Capital
Oct 26Is Reynolds Consumer Products (NASDAQ:REYN) A Risky Investment?
Oct 04Reynolds Consumer Products goes ex-dividend tomorrow
Aug 15Reynolds Consumer Products Q2 2022 Earnings Preview
Aug 08Reynolds Consumer Products (NASDAQ:REYN) Is Due To Pay A Dividend Of $0.23
Aug 02Reynolds Consumer Products: Attractively Valued And Stable Home Goods Player
Jul 31The Returns On Capital At Reynolds Consumer Products (NASDAQ:REYN) Don't Inspire Confidence
Jul 19Does Reynolds Consumer Products (NASDAQ:REYN) Have A Healthy Balance Sheet?
May 21Reynolds Consumer Products: An Industry Leader At A Decent Price
May 08Reynolds Consumer Products (NASDAQ:REYN) Has Announced A Dividend Of US$0.23
May 03Reynolds Consumer Products (NASDAQ:REYN) Could Be Struggling To Allocate Capital
Mar 30Reynolds: Reduced Appeal Amidst Inflationary Pressures
Feb 20Reynolds Consumer Products (NASDAQ:REYN) Has Re-Affirmed Its Dividend Of US$0.23
Feb 03The Returns At Reynolds Consumer Products (NASDAQ:REYN) Aren't Growing
Dec 09Here's Why Reynolds Consumer Products (NASDAQ:REYN) Has A Meaningful Debt Burden
Nov 08Patience Is A Virtue When Buying Reynolds Consumer Products
Oct 19Slowing Rates Of Return At Reynolds Consumer Products (NASDAQ:REYN) Leave Little Room For Excitement
Sep 10Reynolds Consumer Products: Undervalued Consumer Staples Player With 3.2% Yield
Aug 11Financial Position Analysis
Short Term Liabilities: REYN's short term assets ($1.0B) exceed its short term liabilities ($478.0M).
Long Term Liabilities: REYN's short term assets ($1.0B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: REYN's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: REYN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: REYN's debt is well covered by operating cash flow (35.2%).
Interest Coverage: REYN's interest payments on its debt are well covered by EBIT (4.4x coverage).