Reunert Balance Sheet Health
Financial Health criteria checks 5/6
Reunert has a total shareholder equity of ZAR7.7B and total debt of ZAR1.3B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ZAR13.1B and ZAR5.4B respectively. Reunert's EBIT is ZAR1.4B making its interest coverage ratio 10.1. It has cash and short-term investments of ZAR1.3B.
Key information
17.3%
Debt to equity ratio
R1.33b
Debt
| Interest coverage ratio | 10.1x |
| Cash | R1.33b |
| Equity | R7.68b |
| Total liabilities | R5.40b |
| Total assets | R13.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLO's short term assets (ZAR7.7B) exceed its short term liabilities (ZAR3.5B).
Long Term Liabilities: RLO's short term assets (ZAR7.7B) exceed its long term liabilities (ZAR1.9B).
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 7.4% to 17.3% over the past 5 years.
Debt Coverage: RLO's debt is well covered by operating cash flow (115.7%).
Interest Coverage: RLO's interest payments on its debt are well covered by EBIT (10.1x coverage).