Reka Industrial Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Reka Industrial Oyj has a total shareholder equity of €43.4M and total debt of €1.7M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are €61.9M and €18.5M respectively.
Key information
3.9%
Debt to equity ratio
€1.68m
Debt
| Interest coverage ratio | n/a |
| Cash | €26.69m |
| Equity | €43.40m |
| Total liabilities | €18.54m |
| Total assets | €61.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QH7's short term assets (€35.4M) exceed its short term liabilities (€9.5M).
Long Term Liabilities: QH7's short term assets (€35.4M) exceed its long term liabilities (€9.1M).
Debt to Equity History and Analysis
Debt Level: QH7 has more cash than its total debt.
Reducing Debt: QH7's debt to equity ratio has reduced from 153% to 3.9% over the past 5 years.
Debt Coverage: QH7's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if QH7's interest payments on its debt are well covered by EBIT.