Reliability Balance Sheet Health
Financial Health criteria checks 5/6
Reliability has a total shareholder equity of $7.8M and total debt of $149.0K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are $9.7M and $1.9M respectively.
Key information
1.9%
Debt to equity ratio
US$149.00k
Debt
Interest coverage ratio | n/a |
Cash | US$485.00k |
Equity | US$7.80m |
Total liabilities | US$1.89m |
Total assets | US$9.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLBY's short term assets ($9.7M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: RLBY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RLBY has more cash than its total debt.
Reducing Debt: RLBY's debt to equity ratio has reduced from 336.1% to 1.9% over the past 5 years.
Debt Coverage: RLBY's debt is well covered by operating cash flow (578.5%).
Interest Coverage: Insufficient data to determine if RLBY's interest payments on its debt are well covered by EBIT.