Reliability Balance Sheet Health
Financial Health criteria checks 4/6
Reliability has a total shareholder equity of $7.6M and total debt of $741.0K, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are $10.2M and $2.6M respectively.
Key information
9.8%
Debt to equity ratio
US$741.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$140.00k |
| Equity | US$7.60m |
| Total liabilities | US$2.65m |
| Total assets | US$10.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLBY's short term assets ($10.2M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: RLBY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RLBY's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: RLBY's debt to equity ratio has reduced from 194.1% to 9.8% over the past 5 years.
Debt Coverage: RLBY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RLBY's interest payments on its debt are well covered by EBIT.