RegTech Open Project Balance Sheet Health
Financial Health criteria checks 1/6
RegTech Open Project has a total shareholder equity of £9.6M and total debt of £961.6K, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are £19.7M and £10.1M respectively.
Key information
10.0%
Debt to equity ratio
UK£961.62k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£11.95k |
| Equity | UK£9.60m |
| Total liabilities | UK£10.08m |
| Total assets | UK£19.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTOP's short term assets (£532.3K) do not cover its short term liabilities (£7.1M).
Long Term Liabilities: RTOP's short term assets (£532.3K) do not cover its long term liabilities (£3.0M).
Debt to Equity History and Analysis
Debt Level: RTOP's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RTOP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RTOP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RTOP's interest payments on its debt are well covered by EBIT.