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, 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 02Re/Max to slash 17% of its headcount by year end
Jul 07Financial 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).