REACT Group Balance Sheet Health
Financial Health criteria checks 5/6
REACT Group has a total shareholder equity of £8.6M and total debt of £773.0K, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are £15.4M and £6.7M respectively. REACT Group's EBIT is £697.0K making its interest coverage ratio 3.3. It has cash and short-term investments of £1.5M.
Key information
9.0%
Debt to equity ratio
UK£773.00k
Debt
| Interest coverage ratio | 3.3x |
| Cash | UK£1.52m |
| Equity | UK£8.63m |
| Total liabilities | UK£6.74m |
| Total assets | UK£15.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D1I's short term assets (£6.2M) exceed its short term liabilities (£5.3M).
Long Term Liabilities: D1I's short term assets (£6.2M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: D1I has more cash than its total debt.
Reducing Debt: D1I's debt to equity ratio has increased from 0% to 9% over the past 5 years.
Debt Coverage: D1I's debt is well covered by operating cash flow (357.3%).
Interest Coverage: D1I's interest payments on its debt are well covered by EBIT (3.3x coverage).