Rockwool Balance Sheet Health
Financial Health criteria checks 5/6
Rockwool has a total shareholder equity of €2.8B and total debt of €38.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are €3.6B and €750.0M respectively. Rockwool's EBIT is €533.0M making its interest coverage ratio 59.2. It has cash and short-term investments of €354.0M.
Key information
1.4%
Debt to equity ratio
€38.00m
Debt
Interest coverage ratio | 59.2x |
Cash | €354.00m |
Equity | €2.80b |
Total liabilities | €750.00m |
Total assets | €3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R90's short term assets (€1.2B) exceed its short term liabilities (€551.0M).
Long Term Liabilities: R90's short term assets (€1.2B) exceed its long term liabilities (€199.0M).
Debt to Equity History and Analysis
Debt Level: R90 has more cash than its total debt.
Reducing Debt: R90's debt to equity ratio has increased from 0.6% to 1.4% over the past 5 years.
Debt Coverage: R90's debt is well covered by operating cash flow (1860.5%).
Interest Coverage: R90's interest payments on its debt are well covered by EBIT (59.2x coverage).