REC Silicon Balance Sheet Health

Financial Health criteria checks 1/6

REC Silicon has a total shareholder equity of $76.4M and total debt of $283.9M, which brings its debt-to-equity ratio to 371.6%. Its total assets and total liabilities are $552.9M and $476.5M respectively.

Key information

371.6%

Debt to equity ratio

US$283.90m

Debt

Interest coverage ration/a
CashUS$170.90m
EquityUS$76.40m
Total liabilitiesUS$476.50m
Total assetsUS$552.90m

Recent financial health updates

Recent updates

There Are Some Reasons To Suggest That REC Silicon's (OB:RECSI) Earnings Are A Poor Reflection Of Profitability

Feb 15
There Are Some Reasons To Suggest That REC Silicon's (OB:RECSI) Earnings Are A Poor Reflection Of Profitability

REC Silicon ASA's (OB:RECSI) P/S Still Appears To Be Reasonable

Jan 18
REC Silicon ASA's (OB:RECSI) P/S Still Appears To Be Reasonable

Why Investors Shouldn't Be Surprised By REC Silicon ASA's (OB:RECSI) P/S

Jun 01
Why Investors Shouldn't Be Surprised By REC Silicon ASA's (OB:RECSI) P/S

Need To Know: This Analyst Just Made A Substantial Cut To Their REC Silicon ASA (OB:RECSI) Estimates

Feb 25
Need To Know: This Analyst Just Made A Substantial Cut To Their REC Silicon ASA (OB:RECSI) Estimates

Is REC Silicon (OB:RECSI) A Risky Investment?

Sep 28
Is REC Silicon (OB:RECSI) A Risky Investment?

Is REC Silicon (OB:RECSI) Using Debt In A Risky Way?

Jun 08
Is REC Silicon (OB:RECSI) Using Debt In A Risky Way?

Party Time: One Broker Just Made Major Increases To Their REC Silicon ASA (OB:RECSI) Earnings Forecast

Feb 13
Party Time: One Broker Just Made Major Increases To Their REC Silicon ASA (OB:RECSI) Earnings Forecast

Is REC Silicon (OB:RECSI) A Risky Investment?

Dec 15
Is REC Silicon (OB:RECSI) A Risky Investment?

A Look At The Fair Value Of REC Silicon ASA (OB:RECSI)

Nov 18
A Look At The Fair Value Of REC Silicon ASA (OB:RECSI)

Here's Why REC Silicon (OB:RECSI) Can Afford Some Debt

Aug 01
Here's Why REC Silicon (OB:RECSI) Can Afford Some Debt

Is REC Silicon (OB:RECSI) A Risky Investment?

Apr 14
Is REC Silicon (OB:RECSI) A Risky Investment?

REC Silicon ASA (OB:RECSI) Analysts Just Trimmed Their Revenue Forecasts By 22%

Feb 20
REC Silicon ASA (OB:RECSI) Analysts Just Trimmed Their Revenue Forecasts By 22%

An Intrinsic Calculation For REC Silicon ASA (OB:RECSI) Suggests It's 49% Undervalued

Feb 15
An Intrinsic Calculation For REC Silicon ASA (OB:RECSI) Suggests It's 49% Undervalued

REC Silicon (OB:RECSI) Shareholders Have Enjoyed A Whopping 512% Share Price Gain

Dec 23
REC Silicon (OB:RECSI) Shareholders Have Enjoyed A Whopping 512% Share Price Gain

Financial Position Analysis

Short Term Liabilities: RECSI's short term assets ($260.7M) exceed its short term liabilities ($104.8M).

Long Term Liabilities: RECSI's short term assets ($260.7M) do not cover its long term liabilities ($371.7M).


Debt to Equity History and Analysis

Debt Level: RECSI's net debt to equity ratio (147.9%) is considered high.

Reducing Debt: RECSI's debt to equity ratio has increased from 123.1% to 371.6% over the past 5 years.

Debt Coverage: RECSI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if RECSI's interest payments on its debt are well covered by EBIT.


Balance Sheet


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