Reka Industrial Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Reka Industrial Oyj has a total shareholder equity of €55.2M and total debt of €677.0K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are €71.6M and €16.4M respectively.
Key information
1.2%
Debt to equity ratio
€677.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €38.45m |
| Equity | €55.21m |
| Total liabilities | €16.35m |
| Total assets | €71.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REKAH's short term assets (€45.5M) exceed its short term liabilities (€7.5M).
Long Term Liabilities: REKAH's short term assets (€45.5M) exceed its long term liabilities (€8.9M).
Debt to Equity History and Analysis
Debt Level: REKAH has more cash than its total debt.
Reducing Debt: REKAH's debt to equity ratio has reduced from 118.3% to 1.2% over the past 5 years.
Debt Coverage: REKAH's debt is well covered by operating cash flow (523.9%).
Interest Coverage: Insufficient data to determine if REKAH's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/21 23:40 |
| End of Day Share Price | 2024/04/23 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reka Industrial Oyj is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Marianne Palmu | Inderes Oy |
| Petri Gostowski | Inderes Oy |
| Carsten Mainitz | mwb research AG |