RM Infrastructure Income Balance Sheet Health
Financial Health criteria checks 6/6
RM Infrastructure Income has a total shareholder equity of £104.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £109.7M and £5.2M respectively. RM Infrastructure Income's EBIT is £4.4M making its interest coverage ratio 4.4. It has cash and short-term investments of £7.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 4.4x |
| Cash | UK£7.79m |
| Equity | UK£104.52m |
| Total liabilities | UK£5.18m |
| Total assets | UK£109.69m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: RMIIL's short term assets (£15.8M) exceed its short term liabilities (£5.2M).
Long Term Liabilities: RMIIL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMIIL is debt free.
Reducing Debt: RMIIL has no debt compared to 5 years ago when its debt to equity ratio was 11.7%.
Debt Coverage: RMIIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RMIIL has no debt, therefore coverage of interest payments is not a concern.