RCI Hospitality Holdings Balance Sheet Health
Financial Health criteria checks 3/6
RCI Hospitality Holdings has a total shareholder equity of $285.5M and total debt of $231.9M, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are $609.9M and $324.4M respectively. RCI Hospitality Holdings's EBIT is $59.7M making its interest coverage ratio 3.6. It has cash and short-term investments of $20.0M.
Key information
81.2%
Debt to equity ratio
US$231.93m
Debt
Interest coverage ratio | 3.6x |
Cash | US$19.97m |
Equity | US$285.50m |
Total liabilities | US$324.39m |
Total assets | US$609.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KT6's short term assets ($42.0M) do not cover its short term liabilities ($56.4M).
Long Term Liabilities: 0KT6's short term assets ($42.0M) do not cover its long term liabilities ($268.0M).
Debt to Equity History and Analysis
Debt Level: 0KT6's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: 0KT6's debt to equity ratio has reduced from 91.4% to 81.2% over the past 5 years.
Debt Coverage: 0KT6's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 0KT6's interest payments on its debt are well covered by EBIT (3.6x coverage).