Redcare Pharmacy Balance Sheet Health
Financial Health criteria checks 5/6
Redcare Pharmacy has a total shareholder equity of €539.5M and total debt of €244.1M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are €1.0B and €485.6M respectively.
Key information
45.3%
Debt to equity ratio
€244.14m
Debt
Interest coverage ratio | n/a |
Cash | €231.23m |
Equity | €539.54m |
Total liabilities | €485.63m |
Total assets | €1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDCD's short term assets (€516.1M) exceed its short term liabilities (€243.4M).
Long Term Liabilities: RDCD's short term assets (€516.1M) exceed its long term liabilities (€242.3M).
Debt to Equity History and Analysis
Debt Level: RDCD's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: RDCD's debt to equity ratio has reduced from 60.6% to 45.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RDCD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RDCD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.