Rakon Balance Sheet Health
Financial Health criteria checks 5/6
Rakon has a total shareholder equity of NZ$159.3M and total debt of NZ$6.6M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are NZ$207.1M and NZ$47.8M respectively.
Key information
4.1%
Debt to equity ratio
NZ$6.60m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$17.84m |
| Equity | NZ$159.29m |
| Total liabilities | NZ$47.81m |
| Total assets | NZ$207.10m |
Recent financial health updates
Does Rakon (NZSE:RAK) Have A Healthy Balance Sheet?
Dec 12
Rakon (NZSE:RAK) Could Easily Take On More Debt
Jul 08Is Rakon (NZSE:RAK) A Risky Investment?
Mar 05Here's Why Rakon (NZSE:RAK) Can Manage Its Debt Responsibly
Nov 26
Recent updates
More Unpleasant Surprises Could Be In Store For Rakon Limited's (NZSE:RAK) Shares After Tumbling 30%
Jun 09We Like These Underlying Return On Capital Trends At Rakon (NZSE:RAK)
May 23Returns On Capital Are Showing Encouraging Signs At Rakon (NZSE:RAK)
Jan 26Does Rakon (NZSE:RAK) Have A Healthy Balance Sheet?
Dec 12Why Rakon Limited (NZSE:RAK) Could Be Worth Watching
Jul 21With EPS Growth And More, Rakon (NZSE:RAK) Makes An Interesting Case
Apr 26Should You Think About Buying Rakon Limited (NZSE:RAK) Now?
Mar 06Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?
Aug 17Rakon (NZSE:RAK) Could Easily Take On More Debt
Jul 08Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?
May 06Is Rakon (NZSE:RAK) A Risky Investment?
Mar 05Is Rakon Limited's (NZSE:RAK) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 15Do Rakon's (NZSE:RAK) Earnings Warrant Your Attention?
Jan 31Is Rakon Limited (NZSE:RAK) Popular Amongst Insiders?
Jan 16The Rakon (NZSE:RAK) Share Price Has Gained 137%, So Why Not Pay It Some Attention?
Jan 01We're Not Counting On Rakon (NZSE:RAK) To Sustain Its Statutory Profitability
Dec 14Here's Why Rakon (NZSE:RAK) Can Manage Its Debt Responsibly
Nov 26Financial Position Analysis
Short Term Liabilities: RAK's short term assets (NZ$125.8M) exceed its short term liabilities (NZ$33.7M).
Long Term Liabilities: RAK's short term assets (NZ$125.8M) exceed its long term liabilities (NZ$14.1M).
Debt to Equity History and Analysis
Debt Level: RAK has more cash than its total debt.
Reducing Debt: RAK's debt to equity ratio has reduced from 13% to 4.1% over the past 5 years.
Debt Coverage: RAK's debt is well covered by operating cash flow (270.3%).
Interest Coverage: Insufficient data to determine if RAK's interest payments on its debt are well covered by EBIT.