Residential Secure Income Balance Sheet Health
Financial Health criteria checks 1/6
Residential Secure Income has a total shareholder equity of £154.4M and total debt of £187.9M, which brings its debt-to-equity ratio to 121.7%. Its total assets and total liabilities are £379.4M and £224.9M respectively. Residential Secure Income's EBIT is £15.9M making its interest coverage ratio 2.3. It has cash and short-term investments of £8.9M.
Key information
121.7%
Debt to equity ratio
UK£187.94m
Debt
| Interest coverage ratio | 2.3x |
| Cash | UK£8.86m |
| Equity | UK£154.45m |
| Total liabilities | UK£224.95m |
| Total assets | UK£379.39m |
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 (£33.1M) exceed its short term liabilities (£31.5M).
Long Term Liabilities: RESI's short term assets (£33.1M) do not cover its long term liabilities (£193.4M).
Debt to Equity History and Analysis
Debt Level: RESI's net debt to equity ratio (115.9%) is considered high.
Reducing Debt: RESI's debt to equity ratio has increased from 43.2% to 121.7% over the past 5 years.
Debt Coverage: RESI's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: RESI's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Residential Secure Income plc is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tom Horne | Berenberg |
| Andrew Gill | Jefferies LLC |