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Redline Communications Group Balance Sheet Health
Financial Health criteria checks 5/6
Key information
130.6%
Debt to equity ratio
US$5.59m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.07m |
| Equity | US$4.28m |
| Total liabilities | US$15.37m |
| Total assets | US$19.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDL's short term assets ($17.7M) exceed its short term liabilities ($6.6M).
Long Term Liabilities: RDL's short term assets ($17.7M) exceed its long term liabilities ($8.7M).
Debt to Equity History and Analysis
Debt Level: RDL has more cash than its total debt.
Reducing Debt: RDL's debt to equity ratio has increased from 10.4% to 130.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RDL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RDL has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 13.5% each year.