RCM Technologies Balance Sheet Health
Financial Health criteria checks 4/6
RCM Technologies has a total shareholder equity of $25.8M and total debt of $30.8M, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are $120.5M and $94.7M respectively. RCM Technologies's EBIT is $23.3M making its interest coverage ratio 16.7. It has cash and short-term investments of $6.3M.
Key information
119.4%
Debt to equity ratio
US$30.80m
Debt
| Interest coverage ratio | 16.7x |
| Cash | US$6.28m |
| Equity | US$25.79m |
| Total liabilities | US$94.69m |
| Total assets | US$120.48m |
Recent financial health updates
We Think RCM Technologies (NASDAQ:RCMT) Can Manage Its Debt With Ease
May 12
We Think RCM Technologies (NASDAQ:RCMT) Can Stay On Top Of Its Debt
Jul 02RCM Technologies (NASDAQ:RCMT) Is Making Moderate Use Of Debt
Nov 16These 4 Measures Indicate That RCM Technologies (NASDAQ:RCMT) Is Using Debt Reasonably Well
Aug 10Is RCM Technologies (NASDAQ:RCMT) Using Too Much Debt?
Apr 12Recent updates
RCM Technologies: Strong Q4 FY23 Results But FY24 Could Be Challenging
Mar 20RCM Technologies, Inc.'s (NASDAQ:RCMT) Shares Not Telling The Full Story
Mar 15RCM Technologies: The Healthcare Sector Should Improve Going Forward
Mar 02Why I Think RCM Technologies Will Do Well This Earnings Season
Jan 10Is It Too Late To Consider Buying RCM Technologies, Inc. (NASDAQ:RCMT)?
Nov 12We Think RCM Technologies (NASDAQ:RCMT) Can Manage Its Debt With Ease
May 12Are Investors Undervaluing RCM Technologies, Inc. (NASDAQ:RCMT) By 46%?
Dec 24Analyst Forecasts Just Became More Bearish On RCM Technologies, Inc. (NASDAQ:RCMT)
Nov 17RCM Technologies acquires TalentHerder
Oct 11Should You Think About Buying RCM Technologies, Inc. (NASDAQ:RCMT) Now?
Sep 03Here's Why We Think RCM Technologies (NASDAQ:RCMT) Is Well Worth Watching
Aug 16RCM Technologies: A Small-Cap, High Potential Cyclical Stock
Aug 07We Think RCM Technologies (NASDAQ:RCMT) Can Stay On Top Of Its Debt
Jul 02Estimating The Fair Value Of RCM Technologies, Inc. (NASDAQ:RCMT)
Jun 16Should You Think About Buying RCM Technologies, Inc. (NASDAQ:RCMT) Now?
May 17RCM Technologies - Impressive Growth Amid A Tight Labor Market
May 11Why The 23% Return On Capital At RCM Technologies (NASDAQ:RCMT) Should Have Your Attention
Apr 29Is There Now An Opportunity In RCM Technologies, Inc. (NASDAQ:RCMT)?
Feb 01RCM Technologies' (NASDAQ:RCMT) Earnings Are Of Questionable Quality
Nov 19RCM Technologies (NASDAQ:RCMT) Is Making Moderate Use Of Debt
Nov 16These 4 Measures Indicate That RCM Technologies (NASDAQ:RCMT) Is Using Debt Reasonably Well
Aug 10RCM Technologies (NASDAQ:RCMT) Is Finding It Tricky To Allocate Its Capital
May 17Is RCM Technologies (NASDAQ:RCMT) Using Too Much Debt?
Apr 12Have Insiders Sold RCM Technologies, Inc. (NASDAQ:RCMT) Shares Recently?
Feb 18
Investors Who Bought RCM Technologies (NASDAQ:RCMT) Shares A Year Ago Are Now Up 117%
Feb 15Have Insiders Been Buying RCM Technologies, Inc. (NASDAQ:RCMT) Shares?
Jan 04RCM Technologies: A Good Bet To Revalue Post-Covid
Dec 17RCM Technologies EPS beats by $0.01, misses on revenue
Nov 09Financial Position Analysis
Short Term Liabilities: RCMT's short term assets ($90.5M) exceed its short term liabilities ($58.2M).
Long Term Liabilities: RCMT's short term assets ($90.5M) exceed its long term liabilities ($36.5M).
Debt to Equity History and Analysis
Debt Level: RCMT's net debt to equity ratio (95.1%) is considered high.
Reducing Debt: RCMT's debt to equity ratio has increased from 101.7% to 119.4% over the past 5 years.
Debt Coverage: RCMT's debt is well covered by operating cash flow (40.5%).
Interest Coverage: RCMT's interest payments on its debt are well covered by EBIT (16.7x coverage).