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 ratio | 3x |
| Cash | US$8.77m |
| Equity | US$120.35m |
| Total liabilities | US$173.38m |
| Total assets | US$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).