RM Infrastructure Income Balance Sheet Health
Financial Health criteria checks 6/6
RM Infrastructure Income has a total shareholder equity of £104.5M and total debt of £270.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are £109.7M and £5.2M respectively. RM Infrastructure Income's EBIT is £4.4M making its interest coverage ratio 4.4. It has cash and short-term investments of £7.8M.
Key information
0.3%
Debt to equity ratio
UK£270.00k
Debt
Interest coverage ratio | 4.4x |
Cash | UK£7.79m |
Equity | UK£104.52m |
Total liabilities | UK£5.18m |
Total assets | UK£109.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RMII's short term assets (£15.8M) exceed its short term liabilities (£5.2M).
Long Term Liabilities: RMII has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMII has more cash than its total debt.
Reducing Debt: RMII's debt to equity ratio has reduced from 11.7% to 0.3% over the past 5 years.
Debt Coverage: RMII's debt is well covered by operating cash flow (1604.8%).
Interest Coverage: RMII's interest payments on its debt are well covered by EBIT (4.4x coverage).