River Tech Balance Sheet Health
Financial Health criteria checks 6/6
River Tech has a total shareholder equity of €12.6M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €15.3M and €2.7M respectively. River Tech's EBIT is €8.1M making its interest coverage ratio 86.7. It has cash and short-term investments of €5.8M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 86.7x |
Cash | €5.83m |
Equity | €12.64m |
Total liabilities | €2.70m |
Total assets | €15.34m |
Recent financial health updates
Recent updates
Market Still Lacking Some Conviction On River Tech p.l.c. (OB:RIVER)
Nov 20There May Be Reason For Hope In River Tech's (OB:RIVER) Disappointing Earnings
Sep 06The Market Lifts River Tech p.l.c. (OB:RIVER) Shares 28% But It Can Do More
Aug 18Even With A 28% Surge, Cautious Investors Are Not Rewarding River Tech p.l.c.'s (OB:RIVER) Performance Completely
May 26Improved Earnings Required Before River Tech p.l.c. (OB:RIVER) Shares Find Their Feet
Dec 20It'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 (€8.4M) exceed its short term liabilities (€1.8M).
Long Term Liabilities: RIVER's short term assets (€8.4M) exceed its long term liabilities (€909.7K).
Debt to Equity History and Analysis
Debt Level: RIVER is debt free.
Reducing Debt: RIVER has no debt compared to 5 years ago when its debt to equity ratio was 38.7%.
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.