Retractable Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Retractable Technologies has a total shareholder equity of $99.3M and total debt of $1.5M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $179.7M and $80.4M respectively.
Key information
1.5%
Debt to equity ratio
US$1.54m
Debt
| Interest coverage ratio | n/a |
| Cash | US$47.29m |
| Equity | US$99.29m |
| Total liabilities | US$80.38m |
| Total assets | US$179.67m |
Recent financial health updates
Is Retractable Technologies (NYSEMKT:RVP) Using Too Much Debt?
Mar 16
Does Retractable Technologies (NYSEMKT:RVP) Have A Healthy Balance Sheet?
Dec 14Recent updates
Is Retractable Technologies (NYSEMKT:RVP) Using Too Much Debt?
Mar 16Do Insiders Own Lots Of Shares In Retractable Technologies, Inc. (NYSEMKT:RVP)?
Feb 26Retractable Technologies (NYSEMKT:RVP) Knows How To Allocate Capital Effectively
Feb 08Here's Why I Think Retractable Technologies (NYSEMKT:RVP) Might Deserve Your Attention Today
Jan 12
Here's Why We Don't Think Retractable Technologies's (NYSEMKT:RVP) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 28Does Retractable Technologies (NYSEMKT:RVP) Have A Healthy Balance Sheet?
Dec 14How Should Investors React To Retractable Technologies' (NYSEMKT:RVP) CEO Pay?
Dec 01Financial Position Analysis
Short Term Liabilities: RVP's short term assets ($77.6M) exceed its short term liabilities ($9.4M).
Long Term Liabilities: RVP's short term assets ($77.6M) exceed its long term liabilities ($71.0M).
Debt to Equity History and Analysis
Debt Level: RVP has more cash than its total debt.
Reducing Debt: RVP's debt to equity ratio has reduced from 11.9% to 1.5% over the past 5 years.
Debt Coverage: RVP's debt is well covered by operating cash flow (180%).
Interest Coverage: Insufficient data to determine if RVP's interest payments on its debt are well covered by EBIT.