River Tech Balance Sheet Health
Financial Health criteria checks 6/6
River Tech has a total shareholder equity of €12.6M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €15.3M and €2.7M respectively. River Tech's EBIT is €8.1M making its interest coverage ratio 86.7. It has cash and short-term investments of €5.8M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 86.7x |
| Cash | €5.83m |
| Equity | €12.64m |
| Total liabilities | €2.70m |
| Total assets | €15.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9YQ's short term assets (€8.4M) exceed its short term liabilities (€1.8M).
Long Term Liabilities: 9YQ's short term assets (€8.4M) exceed its long term liabilities (€909.7K).
Debt to Equity History and Analysis
Debt Level: 9YQ is debt free.
Reducing Debt: 9YQ has no debt compared to 5 years ago when its debt to equity ratio was 38.7%.
Debt Coverage: 9YQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9YQ has no debt, therefore coverage of interest payments is not a concern.