Radius Recycling Balance Sheet Health
Financial Health criteria checks 2/6
Radius Recycling has a total shareholder equity of $847.5M and total debt of $375.0M, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are $1.7B and $898.1M respectively.
Key information
44.3%
Debt to equity ratio
US$375.04m
Debt
Interest coverage ratio | n/a |
Cash | US$14.42m |
Equity | US$847.47m |
Total liabilities | US$898.06m |
Total assets | US$1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SS1A's short term assets ($594.6M) exceed its short term liabilities ($304.0M).
Long Term Liabilities: SS1A's short term assets ($594.6M) exceed its long term liabilities ($594.1M).
Debt to Equity History and Analysis
Debt Level: SS1A's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: SS1A's debt to equity ratio has increased from 24% to 44.3% over the past 5 years.
Debt Coverage: SS1A's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: Insufficient data to determine if SS1A's interest payments on its debt are well covered by EBIT.