RE/MAX Holdings Balance Sheet Health
Financial Health criteria checks 0/6
RE/MAX Holdings has a total shareholder equity of $-61.8M and total debt of $441.8M, which brings its debt-to-equity ratio to -715.3%. Its total assets and total liabilities are $578.6M and $640.4M respectively. RE/MAX Holdings's EBIT is $39.4M making its interest coverage ratio 1.2. It has cash and short-term investments of $83.8M.
Key information
-715.3%
Debt to equity ratio
US$441.78m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$83.78m |
| Equity | -US$61.76m |
| Total liabilities | US$640.41m |
| Total assets | US$578.65m |
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 (11.7%).
Interest Coverage: 2RM's interest payments on its debt are not well covered by EBIT (1.2x coverage).