RF Industries Balance Sheet Health
Financial Health criteria checks 4/6
RF Industries has a total shareholder equity of $38.7M and total debt of $13.0M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are $79.1M and $40.5M respectively.
Key information
33.7%
Debt to equity ratio
US$13.04m
Debt
Interest coverage ratio | n/a |
Cash | US$4.75m |
Equity | US$38.66m |
Total liabilities | US$40.47m |
Total assets | US$79.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RF5's short term assets ($32.9M) exceed its short term liabilities ($11.3M).
Long Term Liabilities: RF5's short term assets ($32.9M) exceed its long term liabilities ($29.2M).
Debt to Equity History and Analysis
Debt Level: RF5's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: RF5's debt to equity ratio has increased from 0% to 33.7% over the past 5 years.
Debt Coverage: RF5's debt is well covered by operating cash flow (31.7%).
Interest Coverage: Insufficient data to determine if RF5's interest payments on its debt are well covered by EBIT.