RBR Group Balance Sheet Health
Financial Health criteria checks 5/6
RBR Group has a total shareholder equity of A$2.9M and total debt of A$2.0M, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are A$5.8M and A$3.0M respectively. RBR Group's EBIT is A$1.5M making its interest coverage ratio 7. It has cash and short-term investments of A$1.3M.
Key information
68.3%
Debt to equity ratio
AU$1.95m
Debt
Interest coverage ratio | 7x |
Cash | AU$1.30m |
Equity | AU$2.86m |
Total liabilities | AU$2.98m |
Total assets | AU$5.84m |
Financial Position Analysis
Short Term Liabilities: RBR's short term assets (A$3.5M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: RBR's short term assets (A$3.5M) exceed its long term liabilities (A$31.7K).
Debt to Equity History and Analysis
Debt Level: RBR's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: RBR's debt to equity ratio has reduced from 1924% to 68.3% over the past 5 years.
Debt Coverage: RBR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RBR's interest payments on its debt are well covered by EBIT (7x coverage).