Rectifier Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Rectifier Technologies has a total shareholder equity of A$14.4M and total debt of A$2.2M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are A$33.0M and A$18.6M respectively. Rectifier Technologies's EBIT is A$2.8M making its interest coverage ratio 21.8. It has cash and short-term investments of A$4.2M.
Key information
15.5%
Debt to equity ratio
AU$2.24m
Debt
| Interest coverage ratio | 21.8x |
| Cash | AU$4.19m |
| Equity | AU$14.41m |
| Total liabilities | AU$18.64m |
| Total assets | AU$33.05m |
Recent financial health updates
Is Rectifier Technologies (ASX:RFT) A Risky Investment?
Jun 07
These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely
Mar 02These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely
Sep 28Rectifier Technologies (ASX:RFT) Has A Pretty Healthy Balance Sheet
Mar 10Rectifier Technologies (ASX:RFT) Seems To Use Debt Quite Sensibly
Jun 28These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Reasonably Well
Mar 22Recent updates
Market Cool On Rectifier Technologies Limited's (ASX:RFT) Revenues Pushing Shares 42% Lower
Apr 24Here's Why Shareholders May Want To Be Cautious With Increasing Rectifier Technologies Limited's (ASX:RFT) CEO Pay Packet
Nov 22Investors Shouldn't Overlook Rectifier Technologies' (ASX:RFT) Impressive Returns On Capital
Nov 16Here's Why We Think Rectifier Technologies (ASX:RFT) Might Deserve Your Attention Today
Oct 20Is Rectifier Technologies (ASX:RFT) A Risky Investment?
Jun 07These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely
Mar 02Rectifier Technologies (ASX:RFT) Is Doing The Right Things To Multiply Its Share Price
Jan 24These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely
Sep 28Rectifier Technologies (ASX:RFT) Has A Pretty Healthy Balance Sheet
Mar 10Rectifier Technologies (ASX:RFT) Seems To Use Debt Quite Sensibly
Jun 28These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Reasonably Well
Mar 22Is Rectifier Technologies Limited's (ASX:RFT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 15
We Think Rectifier Technologies's (ASX:RFT) Statutory Profit Might Understate Its Earnings Potential
Jan 24How Much Does Rectifier Technologies' (ASX:RFT) CEO Make?
Dec 22These Trends Paint A Bright Future For Rectifier Technologies (ASX:RFT)
Dec 04Financial Position Analysis
Short Term Liabilities: RFT's short term assets (A$26.3M) exceed its short term liabilities (A$15.8M).
Long Term Liabilities: RFT's short term assets (A$26.3M) exceed its long term liabilities (A$2.9M).
Debt to Equity History and Analysis
Debt Level: RFT has more cash than its total debt.
Reducing Debt: RFT's debt to equity ratio has reduced from 43.7% to 15.5% over the past 5 years.
Debt Coverage: RFT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RFT's interest payments on its debt are well covered by EBIT (21.8x coverage).