Reckon Balance Sheet Health
Financial Health criteria checks 4/6
Reckon has a total shareholder equity of A$22.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$41.3M and A$18.4M respectively. Reckon's EBIT is A$4.9M making its interest coverage ratio 27. It has cash and short-term investments of A$855.0K.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 27x |
| Cash | AU$855.00k |
| Equity | AU$22.93m |
| Total liabilities | AU$18.37m |
| Total assets | AU$41.29m |
Recent financial health updates
We Think Reckon (ASX:RKN) Can Stay On Top Of Its Debt
Apr 08
Here's Why Reckon (ASX:RKN) Can Manage Its Debt Responsibly
Dec 28Recent updates
Reckon (ASX:RKN) Has Announced That Its Dividend Will Be Reduced To A$0.025
Aug 28With EPS Growth And More, Reckon (ASX:RKN) Is Interesting
Jun 30When Should You Buy Reckon Limited (ASX:RKN)?
Jun 07Shareholders May Be More Conservative With Reckon Limited's (ASX:RKN) CEO Compensation For Now
May 19We Think Reckon (ASX:RKN) Can Stay On Top Of Its Debt
Apr 08With EPS Growth And More, Reckon (ASX:RKN) Is Interesting
Mar 24Could Reckon Limited (ASX:RKN) Have The Makings Of Another Dividend Aristocrat?
Mar 09Is Reckon Limited's (ASX:RKN) ROE Of 38% Impressive?
Feb 22At AU$0.83, Is It Time To Put Reckon Limited (ASX:RKN) On Your Watch List?
Jan 19
Here's Why Reckon (ASX:RKN) Can Manage Its Debt Responsibly
Dec 28Reckon's (ASX:RKN) Stock Price Has Reduced 67% In The Past Five Years
Dec 10Should You Be Impressed By Reckon Limited's (ASX:RKN) ROE?
Nov 22Financial Position Analysis
Short Term Liabilities: RKN's short term assets (A$4.8M) do not cover its short term liabilities (A$12.8M).
Long Term Liabilities: RKN's short term assets (A$4.8M) do not cover its long term liabilities (A$5.6M).
Debt to Equity History and Analysis
Debt Level: RKN is debt free.
Reducing Debt: RKN has no debt compared to 5 years ago when its debt to equity ratio was 176%.
Debt Coverage: RKN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RKN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 01:41 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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
Reckon Limited is covered by 10 analysts. 2 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 |
|---|---|
| Darren Odell | CCZ Equities Pty Limited |
| Alva DeVoy | CGS International |
| Mike Younger | Goldman Sachs |