Reading International Balance Sheet Health
Financial Health criteria checks 0/6
Reading International has a total shareholder equity of $33.0M and total debt of $208.8M, which brings its debt-to-equity ratio to 632.9%. Its total assets and total liabilities are $533.1M and $500.1M respectively.
Key information
632.9%
Debt to equity ratio
US$208.85m
Debt
Interest coverage ratio | n/a |
Cash | US$13.17m |
Equity | US$33.00m |
Total liabilities | US$500.06m |
Total assets | US$533.05m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RDIB's short term assets ($38.7M) do not cover its short term liabilities ($127.1M).
Long Term Liabilities: RDIB's short term assets ($38.7M) do not cover its long term liabilities ($373.0M).
Debt to Equity History and Analysis
Debt Level: RDIB's net debt to equity ratio (593%) is considered high.
Reducing Debt: RDIB's debt to equity ratio has increased from 90.5% to 632.9% 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: RDIB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RDIB has less than a year of cash runway if free cash flow continues to grow at historical rates of 7% each year.