Red Carpet Media Group Balance Sheet Health
Financial Health criteria checks 5/6
Red Carpet Media Group has a total shareholder equity of PLN15.8M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN25.0M and PLN9.2M respectively. Red Carpet Media Group's EBIT is PLN4.9M making its interest coverage ratio 35. It has cash and short-term investments of PLN4.1M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | 35x |
| Cash | zł4.11m |
| Equity | zł15.80m |
| Total liabilities | zł9.24m |
| Total assets | zł25.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RCM's short term assets (PLN7.8M) do not cover its short term liabilities (PLN8.8M).
Long Term Liabilities: RCM's short term assets (PLN7.8M) exceed its long term liabilities (PLN456.9K).
Debt to Equity History and Analysis
Debt Level: RCM is debt free.
Reducing Debt: RCM had no debt 5 years ago.
Debt Coverage: RCM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RCM has no debt, therefore coverage of interest payments is not a concern.