Retractable Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Retractable Technologies has a total shareholder equity of $83.5M and total debt of $1.3M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $157.8M and $74.4M respectively.
Key information
1.6%
Debt to equity ratio
US$1.31m
Debt
| Interest coverage ratio | n/a |
| Cash | US$36.70m |
| Equity | US$83.46m |
| Total liabilities | US$74.35m |
| Total assets | US$157.81m |
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 ($68.8M) exceed its short term liabilities ($8.0M).
Long Term Liabilities: RVP's short term assets ($68.8M) exceed its long term liabilities ($66.3M).
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 10.2% to 1.6% over the past 5 years.
Debt Coverage: RVP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RVP's interest payments on its debt are well covered by EBIT.