RDC Properties Balance Sheet Health
Financial Health criteria checks 1/6
RDC Properties has a total shareholder equity of BWP3.2B and total debt of BWP2.6B, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are BWP6.2B and BWP3.0B respectively. RDC Properties's EBIT is BWP310.2M making its interest coverage ratio 1.3. It has cash and short-term investments of BWP81.7M.
Key information
82.3%
Debt to equity ratio
P2.61b
Debt
| Interest coverage ratio | 1.3x |
| Cash | P81.70m |
| Equity | P3.17b |
| Total liabilities | P3.04b |
| Total assets | P6.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDCP-EQU's short term assets (BWP538.4M) exceed its short term liabilities (BWP301.6M).
Long Term Liabilities: RDCP-EQU's short term assets (BWP538.4M) do not cover its long term liabilities (BWP2.7B).
Debt to Equity History and Analysis
Debt Level: RDCP-EQU's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: RDCP-EQU's debt to equity ratio has increased from 41% to 82.3% over the past 5 years.
Debt Coverage: RDCP-EQU's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: RDCP-EQU's interest payments on its debt are not well covered by EBIT (1.3x coverage).