RM Balance Sheet Health
Financial Health criteria checks 0/6
RM has a total shareholder equity of £12.2M and total debt of £52.7M, which brings its debt-to-equity ratio to 433.8%. Its total assets and total liabilities are £131.1M and £119.0M respectively.
Key information
433.8%
Debt to equity ratio
UK£52.73m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£8.06m |
| Equity | UK£12.15m |
| Total liabilities | UK£118.95m |
| Total assets | UK£131.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMl's short term assets (£47.7M) do not cover its short term liabilities (£47.8M).
Long Term Liabilities: RMl's short term assets (£47.7M) do not cover its long term liabilities (£71.2M).
Debt to Equity History and Analysis
Debt Level: RMl's net debt to equity ratio (367.5%) is considered high.
Reducing Debt: RMl's debt to equity ratio has increased from 54.8% to 433.8% over the past 5 years.
Debt Coverage: RMl's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: Insufficient data to determine if RMl's interest payments on its debt are well covered by EBIT.