Residential Secure Income Balance Sheet Health
Financial Health criteria checks 0/6
Residential Secure Income has a total shareholder equity of £168.7M and total debt of £181.7M, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are £389.4M and £220.8M respectively. Residential Secure Income's EBIT is £15.2M making its interest coverage ratio 2.3. It has cash and short-term investments of £8.8M.
Key information
107.7%
Debt to equity ratio
UK£181.75m
Debt
| Interest coverage ratio | 2.3x |
| Cash | UK£8.81m |
| Equity | UK£168.68m |
| Total liabilities | UK£220.75m |
| Total assets | UK£389.43m |
Recent financial health updates
No updates
Recent updates
The Residential Secure Income plc (LON:RESI) Analysts Have Been Trimming Their Sales Forecasts
Dec 02
Does Residential Secure Income's (LON:RESI) Share Price Gain of 21% Match Its Business Performance?
Mar 16Does The Market Have A Low Tolerance For Residential Secure Income plc's (LON:RESI) Mixed Fundamentals?
Dec 10Financial Position Analysis
Short Term Liabilities: RESI's short term assets (£12.7M) do not cover its short term liabilities (£31.2M).
Long Term Liabilities: RESI's short term assets (£12.7M) do not cover its long term liabilities (£189.6M).
Debt to Equity History and Analysis
Debt Level: RESI's net debt to equity ratio (102.5%) is considered high.
Reducing Debt: RESI's debt to equity ratio has increased from 28.1% to 107.7% over the past 5 years.
Debt Coverage: RESI's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: RESI's interest payments on its debt are not well covered by EBIT (2.3x coverage).