Compagnie Financière Richemont Balance Sheet Health
Financial Health criteria checks 5/6
Compagnie Financière Richemont has a total shareholder equity of €20.0B and total debt of €13.1B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are €42.4B and €22.4B respectively. Compagnie Financière Richemont's EBIT is €4.4B making its interest coverage ratio 113.3. It has cash and short-term investments of €19.2B.
Key information
65.4%
Debt to equity ratio
€13.06b
Debt
| Interest coverage ratio | 113.3x |
| Cash | €19.17b |
| Equity | €19.98b |
| Total liabilities | €22.37b |
| Total assets | €42.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFR's short term assets (€30.5B) exceed its short term liabilities (€12.1B).
Long Term Liabilities: CFR's short term assets (€30.5B) exceed its long term liabilities (€10.3B).
Debt to Equity History and Analysis
Debt Level: CFR has more cash than its total debt.
Reducing Debt: CFR's debt to equity ratio has increased from 41.2% to 65.4% over the past 5 years.
Debt Coverage: CFR's debt is well covered by operating cash flow (32.8%).
Interest Coverage: CFR's interest payments on its debt are well covered by EBIT (113.3x coverage).