RS2 Balance Sheet Health
Financial Health criteria checks 4/6
RS2 has a total shareholder equity of €22.3M and total debt of €5.2M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are €46.8M and €24.4M respectively. RS2's EBIT is €3.3M making its interest coverage ratio 9.6. It has cash and short-term investments of €2.7M.
Key information
23.1%
Debt to equity ratio
€5.16m
Debt
| Interest coverage ratio | 9.6x |
| Cash | €2.71m |
| Equity | €22.34m |
| Total liabilities | €24.42m |
| Total assets | €46.75m |
Recent financial health updates
Recent updates
Some RS2 p.l.c. (MTSE:RS2) Shareholders Look For Exit As Shares Take 35% Pounding
Sep 05
Capital Allocation Trends At RS2 (MTSE:RS2) Aren't Ideal
Jun 15RS2 (MTSE:RS2) Has A Pretty Healthy Balance Sheet
May 09Revenues Tell The Story For RS2 Software p.l.c. (MTSE:RS2)
Jun 17RS2 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 (€13.3M) do not cover its short term liabilities (€14.8M).
Long Term Liabilities: RS2's short term assets (€13.3M) exceed its long term liabilities (€9.7M).
Debt to Equity History and Analysis
Debt Level: RS2's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: RS2's debt to equity ratio has increased from 2.5% to 23.1% over the past 5 years.
Debt Coverage: RS2's debt is well covered by operating cash flow (157.5%).
Interest Coverage: RS2's interest payments on its debt are well covered by EBIT (9.6x coverage).