Radiant Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Radiant Logistics has a total shareholder equity of $212.5M and total debt of $200.0K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are $375.3M and $162.8M respectively. Radiant Logistics's EBIT is $9.4M making its interest coverage ratio 44.3. It has cash and short-term investments of $10.4M.
Key information
0.09%
Debt to equity ratio
US$200.00k
Debt
| Interest coverage ratio | 44.3x |
| Cash | US$10.45m |
| Equity | US$212.49m |
| Total liabilities | US$162.77m |
| Total assets | US$375.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3GT's short term assets ($157.8M) exceed its short term liabilities ($108.7M).
Long Term Liabilities: 3GT's short term assets ($157.8M) exceed its long term liabilities ($54.1M).
Debt to Equity History and Analysis
Debt Level: 3GT has more cash than its total debt.
Reducing Debt: 3GT's debt to equity ratio has reduced from 30% to 0.09% over the past 5 years.
Debt Coverage: 3GT's debt is well covered by operating cash flow (4787%).
Interest Coverage: 3GT's interest payments on its debt are well covered by EBIT (44.3x coverage).