RENK Group

RENK Group Interest Coverage

The Interest Coverage Ratio of RENK Group (R3NK.DE) as of Oct 31, 2026 is 3.48. In the previous year, Interest Coverage Ratio was 2.41 — a change of 44.28% (higher).

Interest Coverage

3.48

YoY

44.28%

Last updated:

Interest Coverage Ratio of RENK Group is 2024 3.48 . Interest Coverage Ratio of RENK Group was 2023 2.41 . It decreases by 44.28% higher compared to the previous year.

The RENK Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2020
1.12 EUR
Jan 1, 2021
0.56 EUR
Jan 1, 2022
1.69 EUR
Jan 1, 2023
2.41 EUR
Jan 1, 2024
3.48 EUR
The RENK Group Interest Coverage history
YEARInterest CoverageYoY
3.48+44.28%
2.41+42.36%
1.69+201.54%
0.56-50.08%
1.12—

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RENK Group Stock analysis

What does RENK Group do? RENK Group AG generates revenue through the sale of drive solutions including gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches, and test systems. The company serves military vehicle manufacturers, naval and civil marine industry clients, and industrial sectors such as cement and plastics production, oil & gas, hydrogen, CCUS, and industrial heat pumps. Its product portfolio targets both civil and military end markets, with a focus on high-precision mechanical components for specialized applications. The firm's customers include manufacturers in defense, marine, and heavy industry, who require advanced drive systems for their equipment. RENK Group AG's offerings are tailored to meet the technical demands of these sectors, particularly in areas like military vehicles, naval vessels, and industrial machinery. The company's product range supports critical applications in energy transition technologies such as hydrogen and CCUS systems. RENK Group AG's business model centers on providing engineered mechanical solutions for niche markets. Its products are sold directly to industrial clients and defense contractors, with no mention of third-party distribution or subscription models. The company's revenue streams are derived from the design, manufacturing, and sale of specialized drive components across multiple industrial segments. RENK Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about RENK Group stock

Interest Coverage Ratio of RENK Group is 3.48 in 2024.

Interest Coverage Ratio of RENK Group changed from 2.41 to 3.48, representing a 44.28% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio RENK Group since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's RENK Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — RENK Group

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