RM Balance Sheet Health
Financial Health criteria checks 1/6
RM has a total shareholder equity of £17.8M and total debt of £53.7M, which brings its debt-to-equity ratio to 300.9%. Its total assets and total liabilities are £139.8M and £121.9M respectively.
Key information
300.9%
Debt to equity ratio
UK£53.65m
Debt
Interest coverage ratio | n/a |
Cash | UK£8.06m |
Equity | UK£17.83m |
Total liabilities | UK£121.94m |
Total assets | UK£139.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMP1's short term assets (£58.3M) exceed its short term liabilities (£49.4M).
Long Term Liabilities: RMP1's short term assets (£58.3M) do not cover its long term liabilities (£72.6M).
Debt to Equity History and Analysis
Debt Level: RMP1's net debt to equity ratio (255.7%) is considered high.
Reducing Debt: RMP1's debt to equity ratio has increased from 15.3% to 300.9% over the past 5 years.
Debt Coverage: RMP1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RMP1's interest payments on its debt are well covered by EBIT.