RMR Group Balance Sheet Health
Financial Health criteria checks 5/6
RMR Group has a total shareholder equity of $421.7M and total debt of $4.8M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are $602.3M and $180.6M respectively. RMR Group's EBIT is $64.6M making its interest coverage ratio -5.2. It has cash and short-term investments of $208.0M.
Key information
1.1%
Debt to equity ratio
US$4.79m
Debt
| Interest coverage ratio | -5.2x |
| Cash | US$207.98m |
| Equity | US$421.66m |
| Total liabilities | US$180.64m |
| Total assets | US$602.30m |
Recent financial health updates
Recent updates
Does RMR Group (NASDAQ:RMR) Have A Healthy Balance Sheet?
Jul 17
RMR Group (NASDAQ:RMR) Has Announced A Dividend Of $0.40
Jan 14RMR Group (NASDAQ:RMR) Has Announced A Dividend Of $0.40
Oct 15Is The RMR Group Inc. (NASDAQ:RMR) Potentially Undervalued?
Aug 28RMR Group (NASDAQ:RMR) Has Announced A Dividend Of $0.40
Jul 16Party Time: Brokers Just Made Major Increases To Their The RMR Group Inc. (NASDAQ:RMR) Earnings Forecasts
May 16The RMR Group Inc.'s (NASDAQ:RMR) CEO Compensation Looks Acceptable To Us And Here's Why
Mar 23Why The RMR Group Inc. (NASDAQ:RMR) Could Be Worth Watching
Feb 09RMR Group declares $0.40 dividend
Oct 13RMR Group declares $0.40 dividend
Jul 14At US$26.72, Is The RMR Group Inc. (NASDAQ:RMR) Worth Looking At Closely?
Jun 17Financial Position Analysis
Short Term Liabilities: RMR's short term assets ($315.3M) exceed its short term liabilities ($115.8M).
Long Term Liabilities: RMR's short term assets ($315.3M) exceed its long term liabilities ($64.8M).
Debt to Equity History and Analysis
Debt Level: RMR has more cash than its total debt.
Reducing Debt: RMR's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: RMR's debt is well covered by operating cash flow (1307%).
Interest Coverage: RMR earns more interest than it pays, so coverage of interest payments is not a concern.