River Tech Balance Sheet Health
Financial Health criteria checks 6/6
River Tech has a total shareholder equity of €9.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €12.0M and €2.7M respectively. River Tech's EBIT is €9.3M making its interest coverage ratio 10. It has cash and short-term investments of €946.8K.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 10x |
| Cash | €946.85k |
| Equity | €9.30m |
| Total liabilities | €2.73m |
| Total assets | €12.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9YQ's short term assets (€4.7M) exceed its short term liabilities (€1.3M).
Long Term Liabilities: 9YQ's short term assets (€4.7M) exceed its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: 9YQ is debt free.
Reducing Debt: 9YQ had no debt 5 years ago.
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.