Reunert Balance Sheet Health
Financial Health criteria checks 5/6
Reunert has a total shareholder equity of ZAR7.6B and total debt of ZAR1.3B, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are ZAR12.6B and ZAR5.0B respectively. Reunert's EBIT is ZAR1.4B making its interest coverage ratio 10.5. It has cash and short-term investments of ZAR1.3B.
Key information
16.7%
Debt to equity ratio
R1.27b
Debt
| Interest coverage ratio | 10.5x |
| Cash | R1.30b |
| Equity | R7.63b |
| Total liabilities | R5.00b |
| Total assets | R12.63b |
Financial Position Analysis
Short Term Liabilities: RLO's short term assets (ZAR7.4B) exceed its short term liabilities (ZAR3.3B).
Long Term Liabilities: RLO's short term assets (ZAR7.4B) exceed its long term liabilities (ZAR1.7B).
Debt to Equity History and Analysis
Debt Level: RLO has more cash than its total debt.
Reducing Debt: RLO's debt to equity ratio has increased from 3.9% to 16.7% over the past 5 years.
Debt Coverage: RLO's debt is well covered by operating cash flow (107.9%).
Interest Coverage: RLO's interest payments on its debt are well covered by EBIT (10.5x coverage).