Retail Food Group Balance Sheet Health
Financial Health criteria checks 4/6
Retail Food Group has a total shareholder equity of A$208.0M and total debt of A$25.7M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are A$368.7M and A$160.7M respectively. Retail Food Group's EBIT is A$4.9M making its interest coverage ratio 1.1. It has cash and short-term investments of A$20.6M.
Key information
12.4%
Debt to equity ratio
AU$25.71m
Debt
| Interest coverage ratio | 1.1x |
| Cash | AU$20.62m |
| Equity | AU$208.01m |
| Total liabilities | AU$160.73m |
| Total assets | AU$368.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RFGP.F's short term assets (A$62.1M) exceed its short term liabilities (A$53.3M).
Long Term Liabilities: RFGP.F's short term assets (A$62.1M) do not cover its long term liabilities (A$107.5M).
Debt to Equity History and Analysis
Debt Level: RFGP.F's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: RFGP.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RFGP.F's debt is well covered by operating cash flow (69.3%).
Interest Coverage: RFGP.F's interest payments on its debt are not well covered by EBIT (1.1x coverage).