RDE Balance Sheet Health
Financial Health criteria checks 5/6
RDE has a total shareholder equity of $23.8M and total debt of $10.0M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are $40.5M and $16.6M respectively.
Key information
42.1%
Debt to equity ratio
US$10.04m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.66m |
| Equity | US$23.82m |
| Total liabilities | US$16.64m |
| Total assets | US$40.46m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GIFT's short term assets ($11.0M) do not cover its short term liabilities ($12.1M).
Long Term Liabilities: GIFT's short term assets ($11.0M) exceed its long term liabilities ($4.5M).
Debt to Equity History and Analysis
Debt Level: GIFT's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: GIFT's debt to equity ratio has reduced from 147.3% to 42.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GIFT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GIFT has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 24.8% each year.