Redline Communications Group Inc. RDL.TO TSX

Redline Communications Group Inc. (RDL.TO) reported total assets of $19.65M and total liabilities of $15.37M for quarter ending 2022-03-31, resulting in total equity of $4.28M.

The company held $8.07M in cash and short-term investments. Total debt stood at $6.29M, with net debt of $-1.78M. The Debt-to-Equity (D/E) ratio was 1.47 (moderate).

Current ratio is 2.67, indicating strong short-term liquidity. Interest coverage is -11.9x (weak).

Criteria supported by this page:

• HEALTH (50/100, Partial) — some metrics are adequate but not all reach ideal thresholds
• MOAT (50/100) — Total assets $19.65M and equity $4.28M support the company's competitive scale

Overall SharesGrow Score: 24/100 with 0/7 criteria passed.