RCI Hospitality Holdings Balance Sheet Health
Financial Health criteria checks 3/6
RCI Hospitality Holdings has a total shareholder equity of $286.4M and total debt of $234.1M, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are $619.2M and $332.8M respectively. RCI Hospitality Holdings's EBIT is $63.7M making its interest coverage ratio 4. It has cash and short-term investments of $21.2M.
Key information
81.7%
Debt to equity ratio
US$234.11m
Debt
Interest coverage ratio | 4x |
Cash | US$21.16m |
Equity | US$286.38m |
Total liabilities | US$332.83m |
Total assets | US$619.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIK's short term assets ($45.6M) do not cover its short term liabilities ($54.6M).
Long Term Liabilities: RIK's short term assets ($45.6M) do not cover its long term liabilities ($278.2M).
Debt to Equity History and Analysis
Debt Level: RIK's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: RIK's debt to equity ratio has reduced from 96.2% to 81.7% over the past 5 years.
Debt Coverage: RIK's debt is well covered by operating cash flow (24.7%).
Interest Coverage: RIK's interest payments on its debt are well covered by EBIT (4x coverage).