RM Infrastructure Income Balance Sheet Health
Financial Health criteria checks 6/6
RM Infrastructure Income has a total shareholder equity of £103.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £109.6M and £6.3M respectively. RM Infrastructure Income's EBIT is £3.5M making its interest coverage ratio 8.7. It has cash and short-term investments of £15.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 8.7x |
| Cash | UK£15.90m |
| Equity | UK£103.29m |
| Total liabilities | UK£6.30m |
| Total assets | UK£109.59m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RMII's short term assets (£24.9M) exceed its short term liabilities (£6.3M).
Long Term Liabilities: RMII has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMII is debt free.
Reducing Debt: RMII has no debt compared to 5 years ago when its debt to equity ratio was 13%.
Debt Coverage: RMII has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RMII has no debt, therefore coverage of interest payments is not a concern.