Reko International Group Balance Sheet Health
Financial Health criteria checks 4/6
Reko International Group has a total shareholder equity of CA$45.7M and total debt of CA$11.4M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are CA$61.6M and CA$15.9M respectively. Reko International Group's EBIT is CA$568.0K making its interest coverage ratio 2.3. It has cash and short-term investments of CA$5.5M.
Key information
25.1%
Debt to equity ratio
CA$11.45m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$5.55m |
| Equity | CA$45.65m |
| Total liabilities | CA$15.90m |
| Total assets | CA$61.56m |
Recent financial health updates
Reko International Group (CVE:REKO) Has A Pretty Healthy Balance Sheet
May 13
Reko International Group (CVE:REKO) Has Debt But No Earnings; Should You Worry?
Apr 08Health Check: How Prudently Does Reko International Group (CVE:REKO) Use Debt?
Dec 29Recent updates
Reko International Group's (CVE:REKO) Returns On Capital Not Reflecting Well On The Business
Aug 01Returns On Capital At Reko International Group (CVE:REKO) Paint A Concerning Picture
Mar 11Is Now The Time To Put Reko International Group (CVE:REKO) On Your Watchlist?
Jun 11Reko International Group (CVE:REKO) Has A Pretty Healthy Balance Sheet
May 13Investors Shouldn't Be Too Comfortable With Reko International Group's (CVE:REKO) Robust Earnings
Dec 09Most Shareholders Will Probably Find That The CEO Compensation For Reko International Group Inc. (CVE:REKO) Is Reasonable
Nov 25Reko International Group (CVE:REKO) Has Debt But No Earnings; Should You Worry?
Apr 08A Quick Analysis On Reko International Group's (CVE:REKO) CEO Compensation
Feb 11
This Insider Has Just Sold Shares In Reko International Group Inc. (CVE:REKO)
Jan 07Health Check: How Prudently Does Reko International Group (CVE:REKO) Use Debt?
Dec 29Financial Position Analysis
Short Term Liabilities: REKO's short term assets (CA$31.8M) exceed its short term liabilities (CA$8.7M).
Long Term Liabilities: REKO's short term assets (CA$31.8M) exceed its long term liabilities (CA$7.2M).
Debt to Equity History and Analysis
Debt Level: REKO's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: REKO's debt to equity ratio has reduced from 25.9% to 25.1% over the past 5 years.
Debt Coverage: REKO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REKO's interest payments on its debt are not well covered by EBIT (2.3x coverage).