Readen Holding Balance Sheet Health

Financial Health criteria checks 1/6

Readen Holding has a total shareholder equity of $9.4M and total debt of $4.1M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are $14.7M and $5.3M respectively. Readen Holding's EBIT is $976.9K making its interest coverage ratio -3.8. It has cash and short-term investments of $9.2K.

Key information

43.6%

Debt to equity ratio

US$4.10m

Debt

Interest coverage ratio-3.8x
CashUS$9.15k
EquityUS$9.41m
Total liabilitiesUS$5.34m
Total assetsUS$14.75m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RHCO's short term assets ($1.6M) do not cover its short term liabilities ($2.1M).

Long Term Liabilities: RHCO's short term assets ($1.6M) do not cover its long term liabilities ($3.2M).


Debt to Equity History and Analysis

Debt Level: RHCO's net debt to equity ratio (43.5%) is considered high.

Reducing Debt: Insufficient data to determine if RHCO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RHCO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: RHCO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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