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
Is RM (LON:RM.) Weighed On By Its Debt Load?
May 21
Does RM (LON:RM.) Have A Healthy Balance Sheet?
Oct 24Is RM (LON:RM.) Using Too Much Debt?
May 28RM (LON:RM.) Has A Somewhat Strained Balance Sheet
Feb 11
Recent updates
Is RM (LON:RM.) Weighed On By Its Debt Load?
May 21RM plc (LON:RM.) Surges 32% Yet Its Low P/S Is No Reason For Excitement
Apr 16Does RM (LON:RM.) Have A Healthy Balance Sheet?
Oct 24An Intrinsic Calculation For RM plc (LON:RM.) Suggests It's 31% Undervalued
Nov 11Is Now The Time To Look At Buying RM plc (LON:RM.)?
Jul 21Is It Too Late To Consider Buying RM plc (LON:RM.)?
Apr 08RM (LON:RM.) Has Announced A Dividend Of UK£0.03
Feb 17Is RM (LON:RM.) Using Too Much Debt?
May 28Is Now An Opportune Moment To Examine RM plc (LON:RM.)?
Apr 19Interested In RM's (LON:RM.) Upcoming UK£0.03 Dividend? You Have Three Days Left
Mar 14RM plc (LON:RM.) Shares Could Be 22% Below Their Intrinsic Value Estimate
Mar 01RM (LON:RM.) Has A Somewhat Strained Balance Sheet
Feb 11Does RM's (LON:RM.) Share Price Gain of 28% Match Its Business Performance?
Jan 19RM plc's (LON:RM.) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 15When Should You Buy RM plc (LON:RM.)?
Nov 24Financial Position Analysis
Short Term Liabilities: RM.'s short term assets (£47.7M) do not cover its short term liabilities (£47.8M).
Long Term Liabilities: RM.'s short term assets (£47.7M) do not cover its long term liabilities (£71.2M).
Debt to Equity History and Analysis
Debt Level: RM.'s net debt to equity ratio (367.5%) is considered high.
Reducing Debt: RM.'s debt to equity ratio has increased from 54.8% to 433.8% over the past 5 years.
Debt Coverage: RM.'s debt is not well covered by operating cash flow (13.7%).
Interest Coverage: Insufficient data to determine if RM.'s interest payments on its debt are well covered by EBIT.