Raketech Group Holding Balance Sheet Health
Financial Health criteria checks 4/6
Raketech Group Holding has a total shareholder equity of €91.3M and total debt of €2.5M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are €133.5M and €42.2M respectively. Raketech Group Holding's EBIT is €6.3M making its interest coverage ratio 5.6. It has cash and short-term investments of €5.5M.
Key information
2.7%
Debt to equity ratio
€2.47m
Debt
| Interest coverage ratio | 5.6x |
| Cash | €5.52m |
| Equity | €91.35m |
| Total liabilities | €42.20m |
| Total assets | €133.54m |
Recent financial health updates
Here's Why Raketech Group Holding (STO:RAKE) Has A Meaningful Debt Burden
Jul 01
We Think Raketech Group Holding (STO:RAKE) Can Stay On Top Of Its Debt
Jan 23Does Raketech Group Holding (STO:RAKE) Have A Healthy Balance Sheet?
Jul 16Recent updates
The Raketech Group Holding PLC (STO:RAKE) Analysts Have Been Trimming Their Sales Forecasts
Nov 19Investors Holding Back On Raketech Group Holding PLC (STO:RAKE)
Aug 15Here's Why Raketech Group Holding (STO:RAKE) Has A Meaningful Debt Burden
Jul 01Market Cool On Raketech Group Holding PLC's (STO:RAKE) Earnings Pushing Shares 29% Lower
May 03Is There An Opportunity With Raketech Group Holding PLC's (STO:RAKE) 45% Undervaluation?
Apr 04We Think Raketech Group Holding (STO:RAKE) Can Stay On Top Of Its Debt
Jan 23Calculating The Intrinsic Value Of Raketech Group Holding PLC (STO:RAKE)
Dec 28Does Raketech Group Holding (STO:RAKE) Have A Healthy Balance Sheet?
Jul 16What Is Raketech Group Holding PLC's (STO:RAKE) Share Price Doing?
Apr 29There Are Reasons To Feel Uneasy About Raketech Group Holding's (STO:RAKE) Returns On Capital
May 05Financial Position Analysis
Short Term Liabilities: RAKE's short term assets (€13.1M) do not cover its short term liabilities (€19.0M).
Long Term Liabilities: RAKE's short term assets (€13.1M) do not cover its long term liabilities (€23.2M).
Debt to Equity History and Analysis
Debt Level: RAKE has more cash than its total debt.
Reducing Debt: RAKE's debt to equity ratio has reduced from 5.1% to 2.7% over the past 5 years.
Debt Coverage: RAKE's debt is well covered by operating cash flow (814.3%).
Interest Coverage: RAKE's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:45 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Raketech Group Holding PLC is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sharish Aziz | Danske Bank |
| Marlon Varnik | Nordea Markets |
| Lars-Ola Hellstrom | Pareto Securities |