George Risk Industries Balance Sheet Health
Financial Health criteria checks 6/6
George Risk Industries has a total shareholder equity of $52.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $59.1M and $6.4M respectively. George Risk Industries's EBIT is $5.9M making its interest coverage ratio -5.6. It has cash and short-term investments of $39.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -5.6x |
Cash | US$38.96m |
Equity | US$52.71m |
Total liabilities | US$6.36m |
Total assets | US$59.07m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSKI.A's short term assets ($55.7M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: RSKI.A's short term assets ($55.7M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: RSKI.A is debt free.
Reducing Debt: RSKI.A had no debt 5 years ago.
Debt Coverage: RSKI.A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RSKI.A has no debt, therefore coverage of interest payments is not a concern.