River Tech Balance Sheet Health
Financial Health criteria checks 6/6
River Tech has a total shareholder equity of €13.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €16.4M and €2.7M respectively. River Tech's EBIT is €8.9M making its interest coverage ratio 38.7. It has cash and short-term investments of €5.9M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 38.7x |
| Cash | €5.93m |
| Equity | €13.65m |
| Total liabilities | €2.73m |
| Total assets | €16.38m |
Recent financial health updates
Recent updates
Improved Earnings Required Before River Tech p.l.c. (OB:RIVER) Shares Find Their Feet
Dec 20
It's A Story Of Risk Vs Reward With River Tech p.l.c. (OB:RIVER)
Jul 07We Think River Tech (OB:RIVER) Can Manage Its Debt With Ease
Oct 25River Tech's (OB:RIVER) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06Did River iGaming's (OB:RIVER) Share Price Deserve to Gain 58%?
Dec 24Financial Position Analysis
Short Term Liabilities: RIVER's short term assets (€9.2M) exceed its short term liabilities (€1.6M).
Long Term Liabilities: RIVER's short term assets (€9.2M) exceed its long term liabilities (€1.1M).
Debt to Equity History and Analysis
Debt Level: RIVER is debt free.
Reducing Debt: RIVER had no debt 5 years ago.
Debt Coverage: RIVER has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RIVER has no debt, therefore coverage of interest payments is not a concern.