Rubicon Water Balance Sheet Health
Financial Health criteria checks 2/6
Rubicon Water has a total shareholder equity of A$60.0M and total debt of A$32.2M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are A$111.1M and A$51.1M respectively.
Key information
53.7%
Debt to equity ratio
AU$32.23m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.01m |
| Equity | AU$59.99m |
| Total liabilities | AU$51.06m |
| Total assets | AU$111.06m |
Recent financial health updates
Recent updates
Is Rubicon Water (ASX:RWL) A Risky Investment?
Mar 06
Pinning Down Rubicon Water Limited's (ASX:RWL) P/S Is Difficult Right Now
Jan 31There's Reason For Concern Over Rubicon Water Limited's (ASX:RWL) Price
Sep 06We Believe That Rubicon Water's (ASX:RWL) Weak Earnings Are A Good Indicator Of Underlying Profitability
Mar 02Financial Position Analysis
Short Term Liabilities: RWL's short term assets (A$84.6M) exceed its short term liabilities (A$45.9M).
Long Term Liabilities: RWL's short term assets (A$84.6M) exceed its long term liabilities (A$5.2M).
Debt to Equity History and Analysis
Debt Level: RWL's net debt to equity ratio (52%) is considered high.
Reducing Debt: RWL's debt to equity ratio has increased from 15.4% to 53.7% over the past 5 years.
Debt Coverage: RWL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RWL's interest payments on its debt are well covered by EBIT.