Red Violet Balance Sheet Health
Financial Health criteria checks 6/6
Red Violet has a total shareholder equity of $86.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $93.0M and $6.9M respectively. Red Violet's EBIT is $2.5M making its interest coverage ratio -1.9. It has cash and short-term investments of $32.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -1.9x |
Cash | US$32.03m |
Equity | US$86.11m |
Total liabilities | US$6.88m |
Total assets | US$92.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2KH's short term assets ($40.3M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: 2KH's short term assets ($40.3M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: 2KH is debt free.
Reducing Debt: 2KH had no debt 5 years ago.
Debt Coverage: 2KH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2KH has no debt, therefore coverage of interest payments is not a concern.