Automotive Finco Balance Sheet Health
Financial Health criteria checks 6/6
Automotive Finco has a total shareholder equity of CA$25.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.5M and CA$264.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.55k |
| Equity | CA$25.21m |
| Total liabilities | CA$264.30k |
| Total assets | CA$25.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMIA.F's short term assets (CA$25.5M) exceed its short term liabilities (CA$264.3K).
Long Term Liabilities: RMIA.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMIA.F is debt free.
Reducing Debt: RMIA.F has no debt compared to 5 years ago when its debt to equity ratio was 53.3%.
Debt Coverage: RMIA.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RMIA.F has no debt, therefore coverage of interest payments is not a concern.