T. Rowe Price Group Balance Sheet Health
Financial Health criteria checks 5/6
T. Rowe Price Group has a total shareholder equity of $10.8B and total debt of $77.2M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are $13.1B and $2.3B respectively. T. Rowe Price Group's EBIT is $2.1B making its interest coverage ratio -3.9. It has cash and short-term investments of $2.7B.
Key information
0.7%
Debt to equity ratio
US$77.20m
Debt
| Interest coverage ratio | -3.9x |
| Cash | US$2.71b |
| Equity | US$10.82b |
| Total liabilities | US$2.27b |
| Total assets | US$13.09b |
Recent financial health updates
No updates
Recent updates
T. Rowe Price: Be Patient Before Buying It
Sep 30T. Rowe Price: Upgrading To Strong Buy Amid Rising AUM
Sep 173 Reasons T. Rowe Price Is An Ideal Long-Term Holding
Sep 09T. Rowe Price: Patience Growing Thin With Continued Market Underperformance
Aug 09T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Low P/E No Reason For Excitement
Jul 24
T. Rowe Price: AUM Stagnation Likely To Continue, With Heightened Outflow Risks
Jul 03T. Rowe Price: A Dividend Not To Be Missed
Jun 04T. Rowe Price: A Dividend Aristocrat With 25% Upside Potential
May 01T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year
May 01T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next
Apr 30There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings
Apr 05T. Rowe Price: Mixed Signals (Technical Analysis)
Mar 27T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24
Feb 22Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results
Feb 10T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year
Feb 08T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm
Feb 02Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E
Dec 21T. Rowe Price: This Company Is A Gem
Oct 18T. Rowe Price slides as September AUM falls by 8% to $1.23T
Oct 12T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis
Sep 13Financial Position Analysis
Short Term Liabilities: TROW's short term assets ($3.6B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: TROW's short term assets ($3.6B) exceed its long term liabilities ($389.5M).
Debt to Equity History and Analysis
Debt Level: TROW has more cash than its total debt.
Reducing Debt: TROW's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: TROW's debt is well covered by operating cash flow (2108.3%).
Interest Coverage: TROW earns more interest than it pays, so coverage of interest payments is not a concern.