Rainbow Chicken Balance Sheet Health
Financial Health criteria checks 1/6
Rainbow Chicken has a total shareholder equity of ZAR710.8M and total debt of ZAR3.8B, which brings its debt-to-equity ratio to 528%. Its total assets and total liabilities are ZAR6.5B and ZAR5.8B respectively.
Key information
528.0%
Debt to equity ratio
R3.75b
Debt
Interest coverage ratio | n/a |
Cash | R28.01m |
Equity | R710.84m |
Total liabilities | R5.82b |
Total assets | R6.53b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RBO's short term assets (ZAR4.4B) do not cover its short term liabilities (ZAR5.2B).
Long Term Liabilities: RBO's short term assets (ZAR4.4B) exceed its long term liabilities (ZAR614.3M).
Debt to Equity History and Analysis
Debt Level: RBO's net debt to equity ratio (524.1%) is considered high.
Reducing Debt: Insufficient data to determine if RBO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if RBO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RBO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.