Rektron Group Balance Sheet Health

Financial Health criteria checks 3/6

Rektron Group has a total shareholder equity of $120.3M and total debt of $43.4M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are $293.7M and $173.4M respectively. Rektron Group's EBIT is $16.7M making its interest coverage ratio 3. It has cash and short-term investments of $8.8M.

Key information

36.1%

Debt to equity ratio

US$43.43m

Debt

Interest coverage ratio3x
CashUS$8.77m
EquityUS$120.35m
Total liabilitiesUS$173.38m
Total assetsUS$293.73m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: REK.U's short term assets ($257.6M) exceed its short term liabilities ($171.8M).

Long Term Liabilities: REK.U's short term assets ($257.6M) exceed its long term liabilities ($1.6M).


Debt to Equity History and Analysis

Debt Level: REK.U's net debt to equity ratio (28.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if REK.U's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: REK.U's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: REK.U's interest payments on its debt are not well covered by EBIT (3x coverage).


Balance Sheet


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