Reservoir Capital Balance Sheet Health
Financial Health criteria checks 5/6
Reservoir Capital has a total shareholder equity of CA$28.8M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CA$30.0M and CA$1.2M respectively. Reservoir Capital's EBIT is CA$823.2K making its interest coverage ratio 3071.5. It has cash and short-term investments of CA$61.5K.
Key information
0.1%
Debt to equity ratio
CA$40.00k
Debt
| Interest coverage ratio | 3071.5x |
| Cash | CA$61.46k |
| Equity | CA$28.76m |
| Total liabilities | CA$1.22m |
| Total assets | CA$29.98m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: REO's short term assets (CA$2.7M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: REO's short term assets (CA$2.7M) exceed its long term liabilities (CA$40.0K).
Debt to Equity History and Analysis
Debt Level: REO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if REO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: REO's debt is well covered by operating cash flow (149.8%).
Interest Coverage: REO's interest payments on its debt are well covered by EBIT (3071.5x coverage).