Ricardo Balance Sheet Health

Financial Health criteria checks 5/6

Ricardo has a total shareholder equity of £165.2M and total debt of £106.9M, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are £428.8M and £263.6M respectively. Ricardo's EBIT is £34.5M making its interest coverage ratio 3.8. It has cash and short-term investments of £48.6M.

Key information

64.7%

Debt to equity ratio

UK£106.90m

Debt

Interest coverage ratio3.8x
CashUK£48.60m
EquityUK£165.20m
Total liabilitiesUK£263.60m
Total assetsUK£428.80m

Recent financial health updates

No updates

Recent updates

Here's Why Shareholders May Want To Be Cautious With Increasing Ricardo plc's (LON:RCDO) CEO Pay Packet

Nov 08
Here's Why Shareholders May Want To Be Cautious With Increasing Ricardo plc's (LON:RCDO) CEO Pay Packet

With Ricardo plc (LON:RCDO) It Looks Like You'll Get What You Pay For

Jan 18
With Ricardo plc (LON:RCDO) It Looks Like You'll Get What You Pay For

Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0861

Oct 15
Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0861

Ricardo (LON:RCDO) Has Announced That It Will Be Increasing Its Dividend To £0.0861

Sep 30
Ricardo (LON:RCDO) Has Announced That It Will Be Increasing Its Dividend To £0.0861

Ricardo's (LON:RCDO) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 16
Ricardo's (LON:RCDO) Shareholders Will Receive A Bigger Dividend Than Last Year

Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0335

Mar 04
Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0335

Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Oct 15
Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Sep 17
Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Is Ricardo plc (LON:RCDO) Trading At A 37% Discount?

Mar 03
Is Ricardo plc (LON:RCDO) Trading At A 37% Discount?

An Intrinsic Calculation For Ricardo plc (LON:RCDO) Suggests It's 32% Undervalued

Jun 02
An Intrinsic Calculation For Ricardo plc (LON:RCDO) Suggests It's 32% Undervalued

At UK£4.34, Is Ricardo plc (LON:RCDO) Worth Looking At Closely?

Apr 05
At UK£4.34, Is Ricardo plc (LON:RCDO) Worth Looking At Closely?

Are Investors Undervaluing Ricardo plc (LON:RCDO) By 27%?

Mar 01
Are Investors Undervaluing Ricardo plc (LON:RCDO) By 27%?

Could The Ricardo plc (LON:RCDO) Ownership Structure Tell Us Something Useful?

Feb 02
Could The Ricardo plc (LON:RCDO) Ownership Structure Tell Us Something Useful?

Would Shareholders Who Purchased Ricardo's (LON:RCDO) Stock Three Years Be Happy With The Share price Today?

Jan 05
Would Shareholders Who Purchased Ricardo's (LON:RCDO) Stock Three Years Be Happy With The Share price Today?

Is It Time To Consider Buying Ricardo plc (LON:RCDO)?

Dec 15
Is It Time To Consider Buying Ricardo plc (LON:RCDO)?

Calculating The Intrinsic Value Of Ricardo plc (LON:RCDO)

Nov 24
Calculating The Intrinsic Value Of Ricardo plc (LON:RCDO)

Financial Position Analysis

Short Term Liabilities: RCDO's short term assets (£232.6M) exceed its short term liabilities (£125.3M).

Long Term Liabilities: RCDO's short term assets (£232.6M) exceed its long term liabilities (£138.3M).


Debt to Equity History and Analysis

Debt Level: RCDO's net debt to equity ratio (35.3%) is considered satisfactory.

Reducing Debt: RCDO's debt to equity ratio has increased from 48.3% to 64.7% over the past 5 years.

Debt Coverage: RCDO's debt is well covered by operating cash flow (24.2%).

Interest Coverage: RCDO's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


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