Rectifier Technologies Limited

ASX:RFT Stock Report

Market Cap: AU$12.4m

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 ratio21.8x
CashAU$4.19m
EquityAU$14.41m
Total liabilitiesAU$18.64m
Total assetsAU$33.05m

Recent financial health updates

Recent updates

Rectifier Technologies (ASX:RFT) Will Be Hoping To Turn Its Returns On Capital Around

Jun 07
Rectifier Technologies (ASX:RFT) Will Be Hoping To Turn Its Returns On Capital Around

Market Cool On Rectifier Technologies Limited's (ASX:RFT) Revenues Pushing Shares 42% Lower

Apr 24
Market Cool On Rectifier Technologies Limited's (ASX:RFT) Revenues Pushing Shares 42% Lower

Here's Why Shareholders May Want To Be Cautious With Increasing Rectifier Technologies Limited's (ASX:RFT) CEO Pay Packet

Nov 22
Here's Why Shareholders May Want To Be Cautious With Increasing Rectifier Technologies Limited's (ASX:RFT) CEO Pay Packet

Investors Shouldn't Overlook Rectifier Technologies' (ASX:RFT) Impressive Returns On Capital

Nov 16
Investors Shouldn't Overlook Rectifier Technologies' (ASX:RFT) Impressive Returns On Capital

Here's Why We Think Rectifier Technologies (ASX:RFT) Might Deserve Your Attention Today

Oct 20
Here's Why We Think Rectifier Technologies (ASX:RFT) Might Deserve Your Attention Today

Is Rectifier Technologies (ASX:RFT) A Risky Investment?

Jun 07
Is Rectifier Technologies (ASX:RFT) A Risky Investment?

These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely

Mar 02
These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely

Rectifier Technologies (ASX:RFT) Is Doing The Right Things To Multiply Its Share Price

Jan 24
Rectifier Technologies (ASX:RFT) Is Doing The Right Things To Multiply Its Share Price

These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely

Sep 28
These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Safely

Rectifier Technologies (ASX:RFT) Has A Pretty Healthy Balance Sheet

Mar 10
Rectifier Technologies (ASX:RFT) Has A Pretty Healthy Balance Sheet

Rectifier Technologies (ASX:RFT) Seems To Use Debt Quite Sensibly

Jun 28
Rectifier Technologies (ASX:RFT) Seems To Use Debt Quite Sensibly

These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Reasonably Well

Mar 22
These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Reasonably Well

Is Rectifier Technologies Limited's (ASX:RFT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Feb 15
Is Rectifier Technologies Limited's (ASX:RFT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

We Think Rectifier Technologies's (ASX:RFT) Statutory Profit Might Understate Its Earnings Potential

Jan 24
We Think Rectifier Technologies's (ASX:RFT) Statutory Profit Might Understate Its Earnings Potential

How Much Does Rectifier Technologies' (ASX:RFT) CEO Make?

Dec 22
How Much Does Rectifier Technologies' (ASX:RFT) CEO Make?

These Trends Paint A Bright Future For Rectifier Technologies (ASX:RFT)

Dec 04
These Trends Paint A Bright Future For Rectifier Technologies (ASX:RFT)

Financial 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).


Balance Sheet


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