Reds Balance Sheet Health
Financial Health criteria checks 6/6
Reds has a total shareholder equity of €101.8M and total debt of €2.5M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are €201.8M and €99.9M respectively. Reds's EBIT is €10.2M making its interest coverage ratio 6.8. It has cash and short-term investments of €11.5M.
Key information
2.5%
Debt to equity ratio
€2.52m
Debt
Interest coverage ratio | 6.8x |
Cash | €11.47m |
Equity | €101.82m |
Total liabilities | €99.94m |
Total assets | €201.76m |
Recent financial health updates
Does Reds (ATH:KAMP) Have A Healthy Balance Sheet?
May 12These 4 Measures Indicate That Reds (ATH:KAMP) Is Using Debt Extensively
Nov 19Recent updates
Reds S.A.'s (ATH:KAMP) Popularity With Investors Is Clear
Apr 10Does Reds (ATH:KAMP) Have A Healthy Balance Sheet?
May 12A Look At The Intrinsic Value Of Reds S.A. (ATH:KAMP)
Feb 15Did The Underlying Business Drive Reds' (ATH:KAMP) Lovely 350% Share Price Gain?
Dec 24These 4 Measures Indicate That Reds (ATH:KAMP) Is Using Debt Extensively
Nov 19Financial Position Analysis
Short Term Liabilities: KAMP's short term assets (€103.1M) exceed its short term liabilities (€85.1M).
Long Term Liabilities: KAMP's short term assets (€103.1M) exceed its long term liabilities (€14.9M).
Debt to Equity History and Analysis
Debt Level: KAMP has more cash than its total debt.
Reducing Debt: KAMP's debt to equity ratio has reduced from 26.7% to 2.5% over the past 5 years.
Debt Coverage: KAMP's debt is well covered by operating cash flow (99%).
Interest Coverage: KAMP's interest payments on its debt are well covered by EBIT (6.8x coverage).