RedHill Biopharma Balance Sheet Health
Financial Health criteria checks 5/6
RedHill Biopharma has a total shareholder equity of $2.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $23.0M and $21.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$5.57m |
Equity | US$2.07m |
Total liabilities | US$20.98m |
Total assets | US$23.05m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2RH0's short term assets ($16.1M) do not cover its short term liabilities ($19.2M).
Long Term Liabilities: 2RH0's short term assets ($16.1M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: 2RH0 is debt free.
Reducing Debt: 2RH0 had no debt 5 years ago.
Debt Coverage: 2RH0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2RH0 has no debt, therefore coverage of interest payments is not a concern.