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 ratio86.7x
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 20
Market Still Lacking Some Conviction On River Tech p.l.c. (OB:RIVER)

There May Be Reason For Hope In River Tech's (OB:RIVER) Disappointing Earnings

Sep 06
There May Be Reason For Hope In River Tech's (OB:RIVER) Disappointing Earnings

The Market Lifts River Tech p.l.c. (OB:RIVER) Shares 28% But It Can Do More

Aug 18
The Market Lifts River Tech p.l.c. (OB:RIVER) Shares 28% But It Can Do More

Even With A 28% Surge, Cautious Investors Are Not Rewarding River Tech p.l.c.'s (OB:RIVER) Performance Completely

May 26
Even With A 28% Surge, Cautious Investors Are Not Rewarding River Tech p.l.c.'s (OB:RIVER) Performance Completely

Improved Earnings Required Before River Tech p.l.c. (OB:RIVER) Shares Find Their Feet

Dec 20
Improved Earnings Required Before River Tech p.l.c. (OB:RIVER) Shares Find Their Feet

It's A Story Of Risk Vs Reward With River Tech p.l.c. (OB:RIVER)

Jul 07
It's A Story Of Risk Vs Reward With River Tech p.l.c. (OB:RIVER)

We Think River Tech (OB:RIVER) Can Manage Its Debt With Ease

Oct 25
We Think River Tech (OB:RIVER) Can Manage Its Debt With Ease

River Tech's (OB:RIVER) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 06
River Tech's (OB:RIVER) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Did River iGaming's (OB:RIVER) Share Price Deserve to Gain 58%?

Dec 24
Did River iGaming's (OB:RIVER) Share Price Deserve to Gain 58%?

Financial 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.


Balance Sheet


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