RM Balance Sheet Health
Financial Health criteria checks 1/6
RM has a total shareholder equity of £83.5M and total debt of £45.7M, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are £229.0M and £145.5M respectively.
Key information
54.8%
Debt to equity ratio
UK£45.72m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.26m |
| Equity | UK£83.48m |
| Total liabilities | UK£145.50m |
| Total assets | UK£228.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMLP.F's short term assets (£77.1M) do not cover its short term liabilities (£108.7M).
Long Term Liabilities: RMLP.F's short term assets (£77.1M) exceed its long term liabilities (£36.8M).
Debt to Equity History and Analysis
Debt Level: RMLP.F's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: RMLP.F's debt to equity ratio has increased from 0% to 54.8% over the past 5 years.
Debt Coverage: RMLP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RMLP.F's interest payments on its debt are well covered by EBIT.