Redelfi Balance Sheet Health
Financial Health criteria checks 3/6
Redelfi has a total shareholder equity of €16.8M and total debt of €17.1M, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are €41.0M and €24.2M respectively. Redelfi's EBIT is €8.5M making its interest coverage ratio 10.8. It has cash and short-term investments of €8.1M.
Key information
102.0%
Debt to equity ratio
€17.14m
Debt
| Interest coverage ratio | 10.8x |
| Cash | €8.08m |
| Equity | €16.81m |
| Total liabilities | €24.18m |
| Total assets | €40.99m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RDF's short term assets (€24.4M) exceed its short term liabilities (€6.5M).
Long Term Liabilities: RDF's short term assets (€24.4M) exceed its long term liabilities (€17.7M).
Debt to Equity History and Analysis
Debt Level: RDF's net debt to equity ratio (53.9%) is considered high.
Reducing Debt: Insufficient data to determine if RDF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RDF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RDF's interest payments on its debt are well covered by EBIT (10.8x coverage).