Ramsdens Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ramsdens Holdings has a total shareholder equity of £47.8M and total debt of £9.9M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are £76.1M and £28.3M respectively. Ramsdens Holdings's EBIT is £11.8M making its interest coverage ratio 11.4. It has cash and short-term investments of £13.6M.
Key information
20.7%
Debt to equity ratio
UK£9.88m
Debt
| Interest coverage ratio | 11.4x |
| Cash | UK£13.64m |
| Equity | UK£47.77m |
| Total liabilities | UK£28.35m |
| Total assets | UK£76.12m |
Recent financial health updates
No updates
Recent updates
Ramsdens Holdings' (LON:RFX) Dividend Will Be £0.036
Jul 23
Ramsdens Holdings (LON:RFX) Is Due To Pay A Dividend Of £0.036
Jun 08Take Care Before Diving Into The Deep End On Ramsdens Holdings PLC (LON:RFX)
Apr 16Ramsdens Holdings' (LON:RFX) Upcoming Dividend Will Be Larger Than Last Year's
Jan 18Ramsdens Holdings' (LON:RFX) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Ramsdens Holdings (LON:RFX) Is Paying Out A Larger Dividend Than Last Year
Jun 10Ramsdens Holdings (LON:RFX) Is Increasing Its Dividend To £0.063
Jan 20What Type Of Returns Would Ramsdens Holdings'(LON:RFX) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 27
Key Things To Understand About Ramsdens Holdings' (LON:RFX) CEO Pay Cheque
Dec 23Financial Position Analysis
Short Term Liabilities: RFX's short term assets (£56.8M) exceed its short term liabilities (£19.6M).
Long Term Liabilities: RFX's short term assets (£56.8M) exceed its long term liabilities (£8.8M).
Debt to Equity History and Analysis
Debt Level: RFX has more cash than its total debt.
Reducing Debt: RFX's debt to equity ratio has increased from 16.8% to 20.7% over the past 5 years.
Debt Coverage: RFX's debt is well covered by operating cash flow (72.9%).
Interest Coverage: RFX's interest payments on its debt are well covered by EBIT (11.4x coverage).