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 ration/a
CashAU$1.01m
EquityAU$59.99m
Total liabilitiesAU$51.06m
Total assetsAU$111.06m

Recent financial health updates

Recent updates

Is Rubicon Water (ASX:RWL) A Risky Investment?

Mar 06
Is Rubicon Water (ASX:RWL) A Risky Investment?

Pinning Down Rubicon Water Limited's (ASX:RWL) P/S Is Difficult Right Now

Jan 31
Pinning Down Rubicon Water Limited's (ASX:RWL) P/S Is Difficult Right Now

There's Reason For Concern Over Rubicon Water Limited's (ASX:RWL) Price

Sep 06
There's Reason For Concern Over Rubicon Water Limited's (ASX:RWL) Price

We Believe That Rubicon Water's (ASX:RWL) Weak Earnings Are A Good Indicator Of Underlying Profitability

Mar 02
We Believe That Rubicon Water's (ASX:RWL) Weak Earnings Are A Good Indicator Of Underlying Profitability

Financial 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.


Balance Sheet


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