Resimac Group Balance Sheet Health
Financial Health criteria checks 3/6
Resimac Group has a total shareholder equity of A$416.4M and total debt of A$14.6B, which brings its debt-to-equity ratio to 3494.9%. Its total assets and total liabilities are A$15.1B and A$14.7B respectively.
Key information
3,494.9%
Debt to equity ratio
AU$14.55b
Debt
| Interest coverage ratio | n/a |
| Cash | AU$918.60m |
| Equity | AU$416.36m |
| Total liabilities | AU$14.68b |
| Total assets | AU$15.09b |
Recent financial health updates
No updates
Recent updates
Many Still Looking Away From Resimac Group Limited (ASX:RMC)
Dec 02
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 07
Do 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$15.0B) exceed its short term liabilities (A$4.5B).
Long Term Liabilities: RMC's short term assets (A$15.0B) exceed its long term liabilities (A$10.2B).
Debt to Equity History and Analysis
Debt Level: RMC's net debt to equity ratio (3274.2%) is considered high.
Reducing Debt: RMC's debt to equity ratio has reduced from 5329.4% to 3494.9% over the past 5 years.
Debt Coverage: RMC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RMC's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 04:55 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Resimac Group Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Marcus Barnard | Bell Potter |
| Thomas Strong | Citigroup Inc |