RCS MediaGroup Balance Sheet Health
Financial Health criteria checks 5/6
RCS MediaGroup has a total shareholder equity of €417.3M and total debt of €42.5M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are €1.0B and €587.7M respectively. RCS MediaGroup's EBIT is €86.9M making its interest coverage ratio 18.5. It has cash and short-term investments of €18.2M.
Key information
10.2%
Debt to equity ratio
€42.50m
Debt
Interest coverage ratio | 18.5x |
Cash | €18.20m |
Equity | €417.30m |
Total liabilities | €587.70m |
Total assets | €1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RZSM.F's short term assets (€293.7M) do not cover its short term liabilities (€346.5M).
Long Term Liabilities: RZSM.F's short term assets (€293.7M) exceed its long term liabilities (€241.2M).
Debt to Equity History and Analysis
Debt Level: RZSM.F's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: RZSM.F's debt to equity ratio has reduced from 77.5% to 10.2% over the past 5 years.
Debt Coverage: RZSM.F's debt is well covered by operating cash flow (219.5%).
Interest Coverage: RZSM.F's interest payments on its debt are well covered by EBIT (18.5x coverage).