Innovative-RFK Balance Sheet Health
Financial Health criteria checks 2/6
Innovative-RFK has a total shareholder equity of €14.7M and total debt of €1.8M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are €16.6M and €2.0M respectively.
Key information
12.4%
Debt to equity ratio
€1.82m
Debt
| Interest coverage ratio | n/a |
| Cash | €663.84k |
| Equity | €14.68m |
| Total liabilities | €1.96m |
| Total assets | €16.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLIRF's short term assets (€1.3M) exceed its short term liabilities (€139.2K).
Long Term Liabilities: MLIRF's short term assets (€1.3M) do not cover its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: MLIRF's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: MLIRF's debt to equity ratio has increased from 6.3% to 12.4% 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.