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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 13:21 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
RS2 p.l.c. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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