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 ratio9.6x
Cash€2.71m
Equity€22.34m
Total liabilities€24.42m
Total assets€46.75m

Recent financial health updates

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Recent updates

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Financial Position Analysis

Short Term Liabilities: RS2P's short term assets (€13.3M) do not cover its short term liabilities (€14.8M).

Long Term Liabilities: RS2P's short term assets (€13.3M) exceed its long term liabilities (€9.7M).


Debt to Equity History and Analysis

Debt Level: RS2P's net debt to equity ratio (11%) is considered satisfactory.

Reducing Debt: RS2P's debt to equity ratio has increased from 2.5% to 23.1% over the past 5 years.

Debt Coverage: RS2P's debt is well covered by operating cash flow (157.5%).

Interest Coverage: RS2P's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


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