Rewardle Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Rewardle Holdings has a total shareholder equity of A$4.3M and total debt of A$1.3M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are A$8.7M and A$4.5M respectively. Rewardle Holdings's EBIT is A$6.2M making its interest coverage ratio -1667.5. It has cash and short-term investments of A$239.8K.
Key information
31.5%
Debt to equity ratio
AU$1.34m
Debt
| Interest coverage ratio | -1667.5x |
| Cash | AU$239.76k |
| Equity | AU$4.25m |
| Total liabilities | AU$4.47m |
| Total assets | AU$8.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RXH's short term assets (A$435.3K) do not cover its short term liabilities (A$4.4M).
Long Term Liabilities: RXH's short term assets (A$435.3K) exceed its long term liabilities (A$24.7K).
Debt to Equity History and Analysis
Debt Level: RXH's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: RXH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RXH's debt is well covered by operating cash flow (547.8%).
Interest Coverage: RXH earns more interest than it pays, so coverage of interest payments is not a concern.