REC Silicon Balance Sheet Health
Financial Health criteria checks 1/6
REC Silicon has a total shareholder equity of $76.4M and total debt of $283.9M, which brings its debt-to-equity ratio to 371.6%. Its total assets and total liabilities are $552.9M and $476.5M respectively.
Key information
371.6%
Debt to equity ratio
US$283.90m
Debt
Interest coverage ratio | n/a |
Cash | US$170.90m |
Equity | US$76.40m |
Total liabilities | US$476.50m |
Total assets | US$552.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FS8's short term assets ($260.7M) exceed its short term liabilities ($104.8M).
Long Term Liabilities: 0FS8's short term assets ($260.7M) do not cover its long term liabilities ($371.7M).
Debt to Equity History and Analysis
Debt Level: 0FS8's net debt to equity ratio (147.9%) is considered high.
Reducing Debt: 0FS8's debt to equity ratio has increased from 123.1% to 371.6% over the past 5 years.
Debt Coverage: 0FS8's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0FS8's interest payments on its debt are well covered by EBIT.