Remedent Balance Sheet Health
Financial Health criteria checks 6/6
Remedent has a total shareholder equity of €2.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.4M and €1.5M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €27.69k |
| Equity | €2.90m |
| Total liabilities | €1.54m |
| Total assets | €4.45m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REMI's short term assets (€2.5M) exceed its short term liabilities (€1.5M).
Long Term Liabilities: REMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: REMI is debt free.
Reducing Debt: REMI has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
Debt Coverage: REMI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: REMI has no debt, therefore coverage of interest payments is not a concern.