Readen Holding Balance Sheet Health
Financial Health criteria checks 3/6
Readen Holding has a total shareholder equity of $9.2M and total debt of $2.4M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are $12.7M and $3.5M respectively. Readen Holding's EBIT is $441.1K making its interest coverage ratio -2.2. It has cash and short-term investments of $9.4K.
Key information
26.5%
Debt to equity ratio
US$2.44m
Debt
| Interest coverage ratio | -2.2x |
| Cash | US$9.37k |
| Equity | US$9.21m |
| Total liabilities | US$3.46m |
| Total assets | US$12.68m |
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 ($1.7M).
Long Term Liabilities: RHCO's short term assets ($1.6M) do not cover its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: RHCO's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RHCO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RHCO's debt is well covered by operating cash flow (151.8%).
Interest Coverage: RHCO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 20:35 |
| End of Day Share Price | 2025/01/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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
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Industry and Sector Metrics
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Analyst Sources
Readen Holding Corp. is covered by 0 analysts. 0 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 |
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