Radiant Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Radiant Logistics has a total shareholder equity of $207.1M and total debt of $1.8M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are $363.0M and $155.9M respectively. Radiant Logistics's EBIT is $14.0M making its interest coverage ratio 18.7. It has cash and short-term investments of $32.9M.
Key information
0.9%
Debt to equity ratio
US$1.83m
Debt
| Interest coverage ratio | 18.7x |
| Cash | US$32.88m |
| Equity | US$207.12m |
| Total liabilities | US$155.93m |
| Total assets | US$363.04m |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Radiant Logistics, Inc. (NYSEMKT:RLGT)?
Apr 05
These 4 Measures Indicate That Radiant Logistics (NYSEMKT:RLGT) Is Using Debt Safely
Mar 22The Radiant Logistics (NYSEMKT:RLGT) Share Price Has Gained 107%, So Why Not Pay It Some Attention?
Mar 08Have Insiders Been Selling Radiant Logistics, Inc. (NYSEMKT:RLGT) Shares?
Feb 22One Analyst's Earnings Estimates For Radiant Logistics, Inc. (NYSEMKT:RLGT) Are Surging Higher
Feb 12
Our Take On Radiant Logistics' (NYSEMKT:RLGT) CEO Salary
Feb 02What Can The Trends At Radiant Logistics (NYSEMKT:RLGT) Tell Us About Their Returns?
Jan 22Do Its Financials Have Any Role To Play In Driving Radiant Logistics, Inc.'s (NYSEMKT:RLGT) Stock Up Recently?
Jan 11At US$5.67, Is Radiant Logistics, Inc. (NYSEMKT:RLGT) Worth Looking At Closely?
Dec 31Here's Why Radiant Logistics's (NYSEMKT:RLGT) Statutory Earnings Are Arguably Too Conservative
Dec 21Is Radiant Logistics (NYSEMKT:RLGT) Using Too Much Debt?
Dec 10Update: Radiant Logistics (NYSEMKT:RLGT) Stock Gained 56% In The Last Five Years
Nov 30Financial Position Analysis
Short Term Liabilities: RLGT's short term assets ($161.3M) exceed its short term liabilities ($107.6M).
Long Term Liabilities: RLGT's short term assets ($161.3M) exceed its long term liabilities ($48.4M).
Debt to Equity History and Analysis
Debt Level: RLGT has more cash than its total debt.
Reducing Debt: RLGT's debt to equity ratio has reduced from 49.8% to 0.9% over the past 5 years.
Debt Coverage: RLGT's debt is well covered by operating cash flow (2352.8%).
Interest Coverage: RLGT's interest payments on its debt are well covered by EBIT (18.7x coverage).