RCI Hospitality Holdings Balance Sheet Health
Financial Health criteria checks 1/6
RCI Hospitality Holdings has a total shareholder equity of $270.9M and total debt of $245.4M, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are $601.0M and $330.1M respectively. RCI Hospitality Holdings's EBIT is $39.8M making its interest coverage ratio 2.4. It has cash and short-term investments of $34.9M.
Key information
90.6%
Debt to equity ratio
US$245.40m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$34.95m |
| Equity | US$270.93m |
| Total liabilities | US$330.06m |
| Total assets | US$600.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIK's short term assets ($52.1M) do not cover its short term liabilities ($57.7M).
Long Term Liabilities: RIK's short term assets ($52.1M) do not cover its long term liabilities ($272.3M).
Debt to Equity History and Analysis
Debt Level: RIK's net debt to equity ratio (77.7%) is considered high.
Reducing Debt: RIK's debt to equity ratio has increased from 86.8% to 90.6% over the past 5 years.
Debt Coverage: RIK's debt is well covered by operating cash flow (21.3%).
Interest Coverage: RIK's interest payments on its debt are not well covered by EBIT (2.4x coverage).