RMR Group Balance Sheet Health
Financial Health criteria checks 5/6
RMR Group has a total shareholder equity of $419.4M and total debt of $86.3M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are $700.5M and $281.1M respectively. RMR Group's EBIT is $59.1M making its interest coverage ratio -6.2. It has cash and short-term investments of $141.6M.
Key information
20.6%
Debt to equity ratio
US$86.26m
Debt
| Interest coverage ratio | -6.2x |
| Cash | US$141.60m |
| Equity | US$419.42m |
| Total liabilities | US$281.08m |
| Total assets | US$700.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMR *'s short term assets ($294.1M) exceed its short term liabilities ($133.4M).
Long Term Liabilities: RMR *'s short term assets ($294.1M) exceed its long term liabilities ($147.6M).
Debt to Equity History and Analysis
Debt Level: RMR * has more cash than its total debt.
Reducing Debt: RMR *'s debt to equity ratio has increased from 0% to 20.6% over the past 5 years.
Debt Coverage: RMR *'s debt is well covered by operating cash flow (71.2%).
Interest Coverage: RMR * earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/25 12:37 |
| End of Day Share Price | 2024/08/28 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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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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
The RMR Group Inc. is covered by 11 analysts. 2 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 |
|---|---|
| Michael Carrier | BofA Global Research |
| Bryan Maher | B. Riley Securities, Inc. |
| James Sullivan | BTIG |