Riber Balance Sheet Health
Financial Health criteria checks 5/6
Riber has a total shareholder equity of €19.6M and total debt of €4.3M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are €48.0M and €28.4M respectively. Riber's EBIT is €5.0M making its interest coverage ratio 85.4. It has cash and short-term investments of €7.1M.
Key information
22.0%
Debt to equity ratio
€4.33m
Debt
| Interest coverage ratio | 85.4x |
| Cash | €7.11m |
| Equity | €19.64m |
| Total liabilities | €28.39m |
| Total assets | €48.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RI7's short term assets (€37.3M) exceed its short term liabilities (€25.1M).
Long Term Liabilities: RI7's short term assets (€37.3M) exceed its long term liabilities (€3.3M).
Debt to Equity History and Analysis
Debt Level: RI7 has more cash than its total debt.
Reducing Debt: RI7's debt to equity ratio has increased from 0% to 22% over the past 5 years.
Debt Coverage: RI7's debt is well covered by operating cash flow (110.5%).
Interest Coverage: RI7's interest payments on its debt are well covered by EBIT (85.4x coverage).