Resimac Group Balance Sheet Health
Financial Health criteria checks 3/6
Resimac Group has a total shareholder equity of A$415.5M and total debt of A$14.2B, which brings its debt-to-equity ratio to 3412%. Its total assets and total liabilities are A$14.6B and A$14.2B respectively.
Key information
3,412.0%
Debt to equity ratio
AU$14.18b
Debt
Interest coverage ratio | n/a |
Cash | AU$1.09b |
Equity | AU$415.53m |
Total liabilities | AU$14.22b |
Total assets | AU$14.64b |
Recent financial health updates
No updates
Recent updates
Here's Why I Think Resimac Group (ASX:RMC) Is An Interesting Stock
Dec 13Resimac Group's (ASX:RMC) Upcoming Dividend Will Be Larger Than Last Year's
Sep 02Is Resimac Group Limited (ASX:RMC) A Good Fit For Your Dividend Portfolio?
Apr 01Is Now The Time To Put Resimac Group (ASX:RMC) On Your Watchlist?
Mar 06Shareholders of Resimac Group (ASX:RMC) Must Be Delighted With Their 355% Total Return
Feb 07Do Insiders Own Lots Of Shares In Resimac Group Limited (ASX:RMC)?
Jan 10Here's What You Should Know About Resimac Group Limited's (ASX:RMC) 1.9% Dividend Yield
Dec 13Did Business Growth Power Resimac Group's (ASX:RMC) Share Price Gain of 102%?
Aug 10Here's Why I Think Resimac Group (ASX:RMC) Might Deserve Your Attention Today
Jul 13Financial Position Analysis
Short Term Liabilities: RMC's short term assets (A$14.6B) exceed its short term liabilities (A$5.2B).
Long Term Liabilities: RMC's short term assets (A$14.6B) exceed its long term liabilities (A$9.0B).
Debt to Equity History and Analysis
Debt Level: RMC's net debt to equity ratio (3150.5%) is considered high.
Reducing Debt: RMC's debt to equity ratio has reduced from 5780.7% to 3412% over the past 5 years.
Debt Coverage: RMC's debt is not well covered by operating cash flow (13%).
Interest Coverage: Insufficient data to determine if RMC's interest payments on its debt are well covered by EBIT.