T. Rowe Price Group, Inc.

NasdaqGS:TROW Stock Report

Market Cap: US$25.0b

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
CashUS$2.71b
EquityUS$10.82b
Total liabilitiesUS$2.27b
Total assetsUS$13.09b

Recent financial health updates

No updates

Recent updates

T. Rowe Price: Be Patient Before Buying It

Sep 30

T. Rowe Price: Upgrading To Strong Buy Amid Rising AUM

Sep 17

3 Reasons T. Rowe Price Is An Ideal Long-Term Holding

Sep 09

T. Rowe Price: Patience Growing Thin With Continued Market Underperformance

Aug 09

T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Low P/E No Reason For Excitement

Jul 24
T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Low P/E No Reason For Excitement

T. Rowe Price: AUM Stagnation Likely To Continue, With Heightened Outflow Risks

Jul 03

T. Rowe Price: A Dividend Not To Be Missed

Jun 04

T. Rowe Price: A Dividend Aristocrat With 25% Upside Potential

May 01

T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year

May 01
T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year

T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

Apr 30
T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings

Apr 05
There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings

T. Rowe Price: Mixed Signals (Technical Analysis)

Mar 27

T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24

Feb 22
T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24

Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results

Feb 10
Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results

T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year

Feb 08
T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year

T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm

Feb 02

Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E

Dec 21
Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E

T. Rowe Price: This Company Is A Gem

Oct 18

T. Rowe Price slides as September AUM falls by 8% to $1.23T

Oct 12

T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis

Sep 13

Financial 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.


Balance Sheet


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