Redelfi Balance Sheet Health
Financial Health criteria checks 4/6
Redelfi has a total shareholder equity of €12.3M and total debt of €8.2M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are €25.4M and €13.1M respectively. Redelfi's EBIT is €4.6M making its interest coverage ratio 16.8. It has cash and short-term investments of €3.7M.
Key information
66.6%
Debt to equity ratio
€8.19m
Debt
| Interest coverage ratio | 16.8x |
| Cash | €3.70m |
| Equity | €12.30m |
| Total liabilities | €13.10m |
| Total assets | €25.40m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RDF's short term assets (€12.3M) exceed its short term liabilities (€5.0M).
Long Term Liabilities: RDF's short term assets (€12.3M) exceed its long term liabilities (€8.1M).
Debt to Equity History and Analysis
Debt Level: RDF's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RDF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RDF's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: RDF's interest payments on its debt are well covered by EBIT (16.8x coverage).