Rektron Group Balance Sheet Health
Financial Health criteria checks 3/6
Rektron Group has a total shareholder equity of $126.7M and total debt of $45.5M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are $382.6M and $256.0M respectively. Rektron Group's EBIT is $19.3M making its interest coverage ratio 2.7. It has cash and short-term investments of $7.7M.
Key information
36.0%
Debt to equity ratio
US$45.54m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$7.75m |
| Equity | US$126.65m |
| Total liabilities | US$255.96m |
| Total assets | US$382.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REK.U's short term assets ($382.4M) exceed its short term liabilities ($254.7M).
Long Term Liabilities: REK.U's short term assets ($382.4M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: REK.U's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: REK.U's debt to equity ratio has increased from 1.4% to 36% 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 (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 02:53 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/07/31 |
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 |
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| 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
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Industry and Sector Metrics
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Analyst Sources
Rektron Group Inc. is covered by 0 analysts. 0 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 |
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