Rakon Financial Health
How is Rakon's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RAK's short term assets (NZ$148.7M) exceed its short term liabilities (NZ$61.4M).
Long Term Liabilities: RAK's short term assets (NZ$148.7M) exceed its long term liabilities (NZ$17.4M).
Debt to Equity History and Analysis
Debt Level: RAK has more cash than its total debt.
Reducing Debt: RAK's debt to equity ratio has increased from 5% to 5.3% over the past 5 years.
Debt Coverage: RAK's debt is well covered by operating cash flow (350.5%).
Interest Coverage: RAK's interest payments on its debt are well covered by EBIT (35.2x coverage).