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.