Robinson Balance Sheet Health
Financial Health criteria checks 4/6
Robinson has a total shareholder equity of £25.3M and total debt of £9.9M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are £46.4M and £21.1M respectively. Robinson's EBIT is £1.9M making its interest coverage ratio 2.4. It has cash and short-term investments of £2.1M.
Key information
39.3%
Debt to equity ratio
UK£9.94m
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£2.07m |
| Equity | UK£25.28m |
| Total liabilities | UK£21.10m |
| Total assets | UK£46.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSV's short term assets (£18.9M) exceed its short term liabilities (£14.3M).
Long Term Liabilities: RSV's short term assets (£18.9M) exceed its long term liabilities (£6.8M).
Debt to Equity History and Analysis
Debt Level: RSV's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: RSV's debt to equity ratio has increased from 35.4% to 39.3% over the past 5 years.
Debt Coverage: RSV's debt is well covered by operating cash flow (40.5%).
Interest Coverage: RSV's interest payments on its debt are not well covered by EBIT (2.4x coverage).