Reef Casino Trust Balance Sheet Health
Financial Health criteria checks 4/6
Reef Casino Trust has a total shareholder equity of A$11.5M and total debt of A$1,000.0, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are A$102.6M and A$91.0M respectively. Reef Casino Trust's EBIT is A$11.3M making its interest coverage ratio 2.1. It has cash and short-term investments of A$7.3M.
Key information
0.009%
Debt to equity ratio
AU$1.00k
Debt
| Interest coverage ratio | 2.1x |
| Cash | AU$7.35m |
| Equity | AU$11.51m |
| Total liabilities | AU$91.04m |
| Total assets | AU$102.55m |
Recent financial health updates
No updates
Recent updates
Reef Casino Trust (ASX:RCT) Will Pay A Dividend Of A$0.1225
Dec 09
We Like These Underlying Return On Capital Trends At Reef Casino Trust (ASX:RCT)
Dec 15Reef Casino Trust (ASX:RCT) Could Be At Risk Of Shrinking As A Company
Jun 10Calculating The Fair Value Of Reef Casino Trust (ASX:RCT)
Apr 19Do Investors Have Good Reason To Be Wary Of Reef Casino Trust's (ASX:RCT) 3.9% Dividend Yield?
Mar 21Is Reef Casino Trust (ASX:RCT) Struggling?
Feb 14
Calculating The Intrinsic Value Of Reef Casino Trust (ASX:RCT)
Jan 10Know This Before Buying Reef Casino Trust (ASX:RCT) For Its Dividend
Dec 06Financial Position Analysis
Short Term Liabilities: RCT's short term assets (A$9.8M) exceed its short term liabilities (A$6.0M).
Long Term Liabilities: RCT's short term assets (A$9.8M) do not cover its long term liabilities (A$85.1M).
Debt to Equity History and Analysis
Debt Level: RCT has more cash than its total debt.
Reducing Debt: RCT's debt to equity ratio has reduced from 35.7% to 0.01% over the past 5 years.
Debt Coverage: RCT's debt is well covered by operating cash flow (1675200%).
Interest Coverage: RCT's interest payments on its debt are not well covered by EBIT (2.1x coverage).