RS2 Balance Sheet Health
Financial Health criteria checks 5/6
RS2 has a total shareholder equity of €23.1M and total debt of €7.1M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are €49.4M and €26.3M respectively. RS2's EBIT is €2.2M making its interest coverage ratio 8.4. It has cash and short-term investments of €3.7M.
Key information
30.8%
Debt to equity ratio
€7.12m
Debt
| Interest coverage ratio | 8.4x |
| Cash | €3.67m |
| Equity | €23.11m |
| Total liabilities | €26.32m |
| Total assets | €49.44m |
Recent financial health updates
No updates
Recent updates
Revenues Tell The Story For RS2 Software p.l.c. (MTSE:RS2)
Jun 17
RS2 Software (MTSE:RS2) Has Some Way To Go To Become A Multi-Bagger
Dec 14RS2 Software's (MTSE:RS2) Promising Earnings May Rest On Soft Foundations
May 07The RS2 Software (MTSE:RS2) Share Price Is Up 47% And Shareholders Are Holding On
Jan 05
Financial Position Analysis
Short Term Liabilities: RS2's short term assets (€17.1M) exceed its short term liabilities (€17.0M).
Long Term Liabilities: RS2's short term assets (€17.1M) exceed its long term liabilities (€9.3M).
Debt to Equity History and Analysis
Debt Level: RS2's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: RS2's debt to equity ratio has increased from 5% to 30.8% over the past 5 years.
Debt Coverage: RS2's debt is well covered by operating cash flow (95.4%).
Interest Coverage: RS2's interest payments on its debt are well covered by EBIT (8.4x coverage).