RE/MAX Holdings Balance Sheet Health
Financial Health criteria checks 0/6
RE/MAX Holdings has a total shareholder equity of $-61.8M and total debt of $441.8M, which brings its debt-to-equity ratio to -715.3%. Its total assets and total liabilities are $578.6M and $640.4M respectively. RE/MAX Holdings's EBIT is $39.4M making its interest coverage ratio 1.2. It has cash and short-term investments of $83.8M.
Key information
-715.3%
Debt to equity ratio
US$441.78m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$83.78m |
| Equity | -US$61.76m |
| Total liabilities | US$640.41m |
| Total assets | US$578.65m |
Recent financial health updates
No updates
Recent updates
RE/MAX Holdings: Profitability Still Intact
Dec 16RE/MAX Holdings, Inc.'s (NYSE:RMAX) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Aug 24
RE/MAX Holdings: The Bull Case Still Has Legs
Aug 10Improved Revenues Required Before RE/MAX Holdings, Inc. (NYSE:RMAX) Stock's 27% Jump Looks Justified
May 12US$9.00: That's What Analysts Think RE/MAX Holdings, Inc. (NYSE:RMAX) Is Worth After Its Latest Results
May 05RE/MAX Holdings: This Low Priced Stock Is My Top Turnaround Pick For 2024
Mar 14RE/MAX Holdings Approaches A Bottom
Feb 27RE/MAX Holdings Stock: Expect Continued Volatility In 2024
Jan 19Lacklustre Performance Is Driving RE/MAX Holdings, Inc.'s (NYSE:RMAX) Low P/S
Jan 15Navigating Real Estate's Uncharted Terrain: A Closer Look At RE/MAX
Oct 20An Intrinsic Calculation For RE/MAX Holdings, Inc. (NYSE:RMAX) Suggests It's 42% Undervalued
Aug 16Are Investors Undervaluing RE/MAX Holdings, Inc. (NYSE:RMAX) By 32%?
Feb 18RE/MAX Holdings Q4 results miss estimates, co guides Q1 2023 revenue below consensus
Feb 16RE/MAX reports lower home sales in November hurt by seasonality, macro woes
Dec 19RE/MAX signs more than 180 new franchise agreements, over 215 renewals in Q2
Sep 06RE/MAX Holdings: Navigating The Housing Slump
Aug 25RE/MAX Holdings' (NYSE:RMAX) Dividend Will Be $0.23
Aug 10RE/MAX Holdings declares $0.23 dividend
Aug 02Financial Position Analysis
Short Term Liabilities: RMAX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RMAX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMAX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RMAX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RMAX's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: RMAX's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 06:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
RE/MAX Holdings, Inc. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Justin Ages | Berenberg |
| David Ridley-Lane | BofA Global Research |
| Bradley Berning | Craig-Hallum Capital Group LLC |