Redcare Pharmacy Balance Sheet Health
Financial Health criteria checks 5/6
Redcare Pharmacy has a total shareholder equity of €534.5M and total debt of €243.7M, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are €1.0B and €484.4M respectively.
Key information
45.6%
Debt to equity ratio
€243.73m
Debt
| Interest coverage ratio | n/a |
| Cash | €209.90m |
| Equity | €534.55m |
| Total liabilities | €484.40m |
| Total assets | €1.02b |
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 (€243.9M).
Long Term Liabilities: RDCD's short term assets (€516.1M) exceed its long term liabilities (€240.5M).
Debt to Equity History and Analysis
Debt Level: RDCD's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: RDCD's debt to equity ratio has reduced from 64% to 45.6% 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.