RM Infrastructure Income Balance Sheet Health
Financial Health criteria checks 5/6
RM Infrastructure Income has a total shareholder equity of £107.8M and total debt of £14.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are £124.4M and £16.6M respectively. RM Infrastructure Income's EBIT is £6.5M making its interest coverage ratio 5.2. It has cash and short-term investments of £880.0K.
Key information
13.0%
Debt to equity ratio
UK£13.99m
Debt
Interest coverage ratio | 5.2x |
Cash | UK£880.00k |
Equity | UK£107.81m |
Total liabilities | UK£16.55m |
Total assets | UK£124.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RMII's short term assets (£8.2M) do not cover its short term liabilities (£16.6M).
Long Term Liabilities: RMII has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMII's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: RMII's debt to equity ratio has reduced from 15.6% to 13% over the past 5 years.
Debt Coverage: RMII's debt is well covered by operating cash flow (20.2%).
Interest Coverage: RMII's interest payments on its debt are well covered by EBIT (5.2x coverage).