Robinson Balance Sheet Health
Financial Health criteria checks 5/6
Robinson has a total shareholder equity of £25.6M and total debt of £5.7M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are £46.9M and £21.4M respectively. Robinson's EBIT is £764.0K making its interest coverage ratio 1. It has cash and short-term investments of £3.6M.
Key information
22.3%
Debt to equity ratio
UK£5.70m
Debt
Interest coverage ratio | 1x |
Cash | UK£3.58m |
Equity | UK£25.55m |
Total liabilities | UK£21.38m |
Total assets | UK£46.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSV's short term assets (£19.0M) exceed its short term liabilities (£13.8M).
Long Term Liabilities: RSV's short term assets (£19.0M) exceed its long term liabilities (£7.6M).
Debt to Equity History and Analysis
Debt Level: RSV's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: RSV's debt to equity ratio has reduced from 38.7% to 22.3% over the past 5 years.
Debt Coverage: RSV's debt is well covered by operating cash flow (70.2%).
Interest Coverage: RSV's interest payments on its debt are not well covered by EBIT (1x coverage).