RE/MAX Holdings Balance Sheet Health
Financial Health criteria checks 0/6
RE/MAX Holdings has a total shareholder equity of $-76.1M and total debt of $444.6M, which brings its debt-to-equity ratio to -584.5%. Its total assets and total liabilities are $577.2M and $653.2M respectively. RE/MAX Holdings's EBIT is $32.5M making its interest coverage ratio 1. It has cash and short-term investments of $82.6M.
Key information
-584.5%
Debt to equity ratio
US$444.58m
Debt
Interest coverage ratio | 1x |
Cash | US$82.62m |
Equity | -US$76.06m |
Total liabilities | US$653.21m |
Total assets | US$577.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2RM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 2RM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2RM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 2RM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 2RM's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: 2RM's interest payments on its debt are not well covered by EBIT (1x coverage).