Ramsdens Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ramsdens Holdings has a total shareholder equity of £48.2M and total debt of £8.0M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are £74.3M and £26.1M respectively. Ramsdens Holdings's EBIT is £11.2M making its interest coverage ratio 13.6. It has cash and short-term investments of £13.0M.
Key information
16.6%
Debt to equity ratio
UK£7.98m
Debt
| Interest coverage ratio | 13.6x |
| Cash | UK£13.02m |
| Equity | UK£48.17m |
| Total liabilities | UK£26.11m |
| Total assets | UK£74.28m |
Recent financial health updates
No updates
Recent updates
Take Care Before Diving Into The Deep End On Ramsdens Holdings PLC (LON:RFX)
Apr 16
Ramsdens Holdings' (LON:RFX) Upcoming Dividend Will Be Larger Than Last Year's
Jan 18Ramsdens Holdings' (LON:RFX) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Ramsdens Holdings (LON:RFX) Is Paying Out A Larger Dividend Than Last Year
Jun 10Ramsdens Holdings (LON:RFX) Is Increasing Its Dividend To £0.063
Jan 20What Type Of Returns Would Ramsdens Holdings'(LON:RFX) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 27
Key Things To Understand About Ramsdens Holdings' (LON:RFX) CEO Pay Cheque
Dec 23Financial Position Analysis
Short Term Liabilities: RFX's short term assets (£56.0M) exceed its short term liabilities (£18.0M).
Long Term Liabilities: RFX's short term assets (£56.0M) exceed its long term liabilities (£8.1M).
Debt to Equity History and Analysis
Debt Level: RFX has more cash than its total debt.
Reducing Debt: RFX's debt to equity ratio has increased from 6.6% to 16.6% over the past 5 years.
Debt Coverage: RFX's debt is well covered by operating cash flow (41.1%).
Interest Coverage: RFX's interest payments on its debt are well covered by EBIT (13.6x coverage).