Red Violet Balance Sheet Health

Financial Health criteria checks 6/6

Red Violet has a total shareholder equity of $86.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $93.0M and $6.9M respectively. Red Violet's EBIT is $2.5M making its interest coverage ratio -1.9. It has cash and short-term investments of $32.0M.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	-1.9x
Cash	US$32.03m
Equity	US$86.11m
Total liabilities	US$6.88m
Total assets	US$92.99m

Recent financial health updates

Red Violet (NASDAQ:RDVT) Has Debt But No Earnings; Should You Worry?

Mar 09

Is Red Violet (NASDAQ:RDVT) Using Debt In A Risky Way?

Dec 03

Recent updates

Revenues Tell The Story For Red Violet, Inc. (NASDAQ:RDVT) As Its Stock Soars 36%

Jun 08

A Look At The Intrinsic Value Of Red Violet, Inc. (NASDAQ:RDVT)

Aug 14

A Look At The Fair Value Of Red Violet, Inc. (NASDAQ:RDVT)

Nov 21

We Take A Look At Why Red Violet, Inc.'s (NASDAQ:RDVT) CEO Compensation Is Well Earned

May 20

Red Violet (NASDAQ:RDVT) Has Debt But No Earnings; Should You Worry?

Mar 09

Did Red Violet's (NASDAQ:RDVT) Share Price Deserve to Gain 16%?

Feb 08

Have Insiders Sold Red Violet, Inc. (NASDAQ:RDVT) Shares Recently?

Jan 13

Here's What Red Violet, Inc.'s (NASDAQ:RDVT) Shareholder Ownership Structure Looks Like

Jan 07

Is Red Violet (NASDAQ:RDVT) Using Debt In A Risky Way?

Dec 03

Red Violet, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 12

Red Violet hits record gross profit in Q3, narrows net loss

Nov 10

Financial Position Analysis

Short Term Liabilities: RDVT's short term assets ($40.3M) exceed its short term liabilities ($4.9M).

Long Term Liabilities: RDVT's short term assets ($40.3M) exceed its long term liabilities ($2.0M).

Debt to Equity History and Analysis

Debt Level: RDVT is debt free.

Reducing Debt: RDVT had no debt 5 years ago.

Debt Coverage: RDVT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RDVT has no debt, therefore coverage of interest payments is not a concern.

Red Violet Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Red Violet (NASDAQ:RDVT) Has Debt But No Earnings; Should You Worry?

Is Red Violet (NASDAQ:RDVT) Using Debt In A Risky Way?

Recent updates

Now 20% undervalued after recent price drop

Red Violet, Inc., Annual General Meeting, May 30, 2024

Red Violet, Inc. to Report Q1, 2024 Results on May 08, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$0.97 (vs US$0.045 in FY 2022)

Red Violet Appoints Jonathan Mcdonald as Executive Vice President of Public Sector Division

Red Violet, Inc. to Report Q4, 2024 Results on Mar 07, 2024

Director recently bought US$90k worth of stock

Red Violet Announces Appointment of Bill Livek to Board of Directors

Red Violet's (NASDAQ:RDVT) Promising Earnings May Rest On Soft Foundations

A Look At The Intrinsic Value Of Red Violet, Inc. (NASDAQ:RDVT)

Now 20% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: US$0.90 (vs US$0.16 in 3Q 2022)

Red Violet, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings released: EPS: US$0.099 (vs US$0.015 loss in 2Q 2022)

Red Violet, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Red Violet (NASDAQ:RDVT) Might Have The Makings Of A Multi-Bagger

Revenues Tell The Story For Red Violet, Inc. (NASDAQ:RDVT) As Its Stock Soars 36%

First quarter 2023 earnings released: EPS: US$0.051 (vs US$0.008 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.045 (vs US$0.052 in FY 2021)

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: US$0.16 (vs US$0.099 in 3Q 2021)

Now 26% undervalued after recent price drop

Red Violet, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Now 22% undervalued after recent price drop

A Look At The Intrinsic Value Of Red Violet, Inc. (NASDAQ:RDVT)

Second quarter 2022 earnings released: US$0.015 loss per share (vs US$0.14 profit in 2Q 2021)

Now 20% undervalued

Red Violet, Inc. to Report Q2, 2022 Results on Aug 09, 2022

Now 21% undervalued after recent price drop

Now 23% undervalued after recent price drop

First quarter 2022 earnings released: EPS: US$0.008 (vs US$0.047 loss in 1Q 2021)

Red Violet, Inc. (NasdaqCM:RDVT) announces an Equity Buyback for $5 million worth of its shares.

High number of new and inexperienced directors

Red Violet, Inc., Annual General Meeting, May 25, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Red Violet, Inc. to Report Q4, 2021 Results on Mar 09, 2022

Now 21% undervalued after recent price drop

A Look At The Fair Value Of Red Violet, Inc. (NASDAQ:RDVT)

Third quarter 2021 earnings released: EPS US$0.099 (vs US$0.077 loss in 3Q 2020)

High number of new and inexperienced directors

High number of new and inexperienced directors

Second quarter 2021 earnings released: EPS US$0.14 (vs US$0.22 loss in 2Q 2020)

Red Violet, Inc.(NasdaqCM:RDVT) dropped from Russell 3000E Index

We Take A Look At Why Red Violet, Inc.'s (NASDAQ:RDVT) CEO Compensation Is Well Earned

Red Violet, Inc. Provides Unaudited Consolidated Impairment Charges for the First Quarter Ended March 31, 2021

First quarter 2021 earnings released: US$0.047 loss per share (vs US$0.13 loss in 1Q 2020)

Full year 2020 earnings released: US$0.57 loss per share (vs US$1.03 loss in FY 2019)

Red Violet (NASDAQ:RDVT) Has Debt But No Earnings; Should You Worry?

New 90-day low: US$20.87

Red Violet, Inc. to Report Q4, 2020 Results on Mar 10, 2021

Did Red Violet's (NASDAQ:RDVT) Share Price Deserve to Gain 16%?

Insider recently sold US$3.5m worth of stock

Have Insiders Sold Red Violet, Inc. (NASDAQ:RDVT) Shares Recently?

Here's What Red Violet, Inc.'s (NASDAQ:RDVT) Shareholder Ownership Structure Looks Like

New 90-day high: US$27.36

Is Red Violet (NASDAQ:RDVT) Using Debt In A Risky Way?

Third quarter 2020 earnings released: US$0.077 loss per share

Red Violet, Inc. 2020 Q3 - Results - Earnings Call Presentation

Red Violet hits record gross profit in Q3, narrows net loss

New 90-day high: US$23.53

Red Violet, Inc. to Report Q3, 2020 Results on Nov 10, 2020

New 90-day high: US$22.45

First half earnings released

Red Violet, Inc. to Report Q2, 2020 Results on Aug 11, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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