Innovative-RFK Balance Sheet Health
Financial Health criteria checks 3/6
Innovative-RFK has a total shareholder equity of €15.6M and total debt of €1.8M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are €17.6M and €1.9M respectively.
Key information
11.8%
Debt to equity ratio
€1.85m
Debt
Interest coverage ratio | n/a |
Cash | €8.60m |
Equity | €15.62m |
Total liabilities | €1.93m |
Total assets | €17.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLIRF's short term assets (€9.2M) exceed its short term liabilities (€88.5K).
Long Term Liabilities: MLIRF's short term assets (€9.2M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: MLIRF has more cash than its total debt.
Reducing Debt: MLIRF's debt to equity ratio has increased from 6.4% to 11.8% over the past 5 years.
Debt Coverage: MLIRF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MLIRF's interest payments on its debt are well covered by EBIT.