Riba Mundo Tecnología Balance Sheet Health
Financial Health criteria checks 2/6
Riba Mundo Tecnología has a total shareholder equity of €16.0M and total debt of €52.1M, which brings its debt-to-equity ratio to 324.6%. Its total assets and total liabilities are €97.5M and €81.4M respectively. Riba Mundo Tecnología's EBIT is €7.0M making its interest coverage ratio 1.1. It has cash and short-term investments of €16.6M.
Key information
324.6%
Debt to equity ratio
€52.07m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €16.63m |
| Equity | €16.04m |
| Total liabilities | €81.44m |
| Total assets | €97.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMT's short term assets (€84.4M) exceed its short term liabilities (€55.0M).
Long Term Liabilities: RMT's short term assets (€84.4M) exceed its long term liabilities (€26.5M).
Debt to Equity History and Analysis
Debt Level: RMT's net debt to equity ratio (220.9%) is considered high.
Reducing Debt: Insufficient data to determine if RMT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RMT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RMT's interest payments on its debt are not well covered by EBIT (1.1x coverage).