Reading International Balance Sheet Health
Financial Health criteria checks 1/6
Reading International has a total shareholder equity of $17.7M and total debt of $194.5M, which brings its debt-to-equity ratio to 1097.4%. Its total assets and total liabilities are $494.9M and $477.1M respectively.
Key information
1,097.4%
Debt to equity ratio
US$194.54m
Debt
Interest coverage ratio | n/a |
Cash | US$7.82m |
Equity | US$17.73m |
Total liabilities | US$477.13m |
Total assets | US$494.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 46B's short term assets ($20.3M) do not cover its short term liabilities ($134.8M).
Long Term Liabilities: 46B's short term assets ($20.3M) do not cover its long term liabilities ($342.3M).
Debt to Equity History and Analysis
Debt Level: 46B's net debt to equity ratio (1053.3%) is considered high.
Reducing Debt: 46B's debt to equity ratio has increased from 100.2% to 1097.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 46B has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 46B has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.4% each year.