Redcentric Financial Health
How is Redcentric's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RCN's short term assets (£39.9M) do not cover its short term liabilities (£85.8M).
Long Term Liabilities: RCN's short term assets (£39.9M) exceed its long term liabilities (£27.5M).
Debt to Equity History and Analysis
Debt Level: RCN's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: RCN's debt to equity ratio has increased from 41.4% to 55.4% over the past 5 years.
Debt Coverage: RCN's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: RCN's interest payments on its debt are well covered by EBIT (6x coverage).