Reef Casino Trust Financial Health

How is Reef Casino Trust's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


Discover healthy companies