RATH Balance Sheet Health
Financial Health criteria checks 4/6
RATH has a total shareholder equity of €55.1M and total debt of €48.6M, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are €130.4M and €75.3M respectively. RATH's EBIT is €4.8M making its interest coverage ratio 5.2. It has cash and short-term investments of €22.4M.
Key information
88.3%
Debt to equity ratio
€48.63m
Debt
Interest coverage ratio | 5.2x |
Cash | €22.40m |
Equity | €55.08m |
Total liabilities | €75.34m |
Total assets | €130.42m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 0FRT's short term assets (€76.3M) exceed its short term liabilities (€24.3M).
Long Term Liabilities: 0FRT's short term assets (€76.3M) exceed its long term liabilities (€51.1M).
Debt to Equity History and Analysis
Debt Level: 0FRT's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: 0FRT's debt to equity ratio has reduced from 89.3% to 88.3% over the past 5 years.
Debt Coverage: 0FRT's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 0FRT's interest payments on its debt are well covered by EBIT (5.2x coverage).