Reef Casino Trust Financial Health
How is Reef Casino Trust's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RCT's short term assets (A$10.7M) exceed its short term liabilities (A$4.7M).
Long Term Liabilities: RCT's short term assets (A$10.7M) do not cover its long term liabilities (A$85.4M).
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 69.6% to 1.7% over the past 5 years.
Debt Coverage: RCT's debt is well covered by operating cash flow (9378.5%).
Interest Coverage: RCT's interest payments on its debt are not well covered by EBIT (2x coverage).