Relatech Balance Sheet Health
Financial Health criteria checks 4/6
Relatech has a total shareholder equity of €36.4M and total debt of €30.2M, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are €101.4M and €65.0M respectively. Relatech's EBIT is €7.3M making its interest coverage ratio 6.5. It has cash and short-term investments of €11.4M.
Key information
82.9%
Debt to equity ratio
€30.21m
Debt
Interest coverage ratio | 6.5x |
Cash | €11.39m |
Equity | €36.44m |
Total liabilities | €64.97m |
Total assets | €101.42m |
Recent financial health updates
Is Relatech (BIT:RLT) A Risky Investment?
May 26Relatech (BIT:RLT) Seems To Use Debt Quite Sensibly
May 24Recent updates
There Are Reasons To Feel Uneasy About Relatech's (BIT:RLT) Returns On Capital
Mar 08Here's What's Concerning About Relatech's (BIT:RLT) Returns On Capital
Sep 28Is Relatech (BIT:RLT) A Risky Investment?
May 26Returns On Capital Signal Tricky Times Ahead For Relatech (BIT:RLT)
Feb 25Industry Analysts Just Upgraded Their Relatech S.p.A. (BIT:RLT) Revenue Forecasts By 10%
Jul 08Relatech (BIT:RLT) Seems To Use Debt Quite Sensibly
May 24Relatech (BIT:RLT) May Have Issues Allocating Its Capital
Apr 20Are Investors Undervaluing Relatech S.p.A. (BIT:RLT) By 28%?
Mar 12Can You Imagine How Jubilant Relatech's (BIT:RLT) Shareholders Feel About Its 143% Share Price Gain?
Feb 19What Is The Ownership Structure Like For Relatech S.p.A. (BIT:RLT)?
Jan 28Has Relatech (BIT:RLT) Got What It Takes To Become A Multi-Bagger?
Jan 11Is Relatech S.p.A.'s (BIT:RLT) Recent Performance Tethered To Its Attractive Financial Prospects?
Dec 20Relatech's (BIT:RLT) Earnings Are Growing But Is There More To The Story?
Dec 01Financial Position Analysis
Short Term Liabilities: RLT's short term assets (€51.4M) exceed its short term liabilities (€33.6M).
Long Term Liabilities: RLT's short term assets (€51.4M) exceed its long term liabilities (€31.4M).
Debt to Equity History and Analysis
Debt Level: RLT's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: RLT's debt to equity ratio has reduced from 116% to 82.9% over the past 5 years.
Debt Coverage: RLT's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: RLT's interest payments on its debt are well covered by EBIT (6.5x coverage).