Rotork Balance Sheet Health
Financial Health criteria checks 6/6
Rotork has a total shareholder equity of £622.3M and total debt of £40.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are £773.8M and £151.5M respectively. Rotork's EBIT is £162.5M making its interest coverage ratio -56. It has cash and short-term investments of £146.4M.
Key information
0.006%
Debt to equity ratio
UK£40.00k
Debt
Interest coverage ratio | -56x |
Cash | UK£146.37m |
Equity | UK£622.30m |
Total liabilities | UK£151.49m |
Total assets | UK£773.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RO41's short term assets (£411.7M) exceed its short term liabilities (£133.2M).
Long Term Liabilities: RO41's short term assets (£411.7M) exceed its long term liabilities (£18.3M).
Debt to Equity History and Analysis
Debt Level: RO41 has more cash than its total debt.
Reducing Debt: RO41's debt to equity ratio has reduced from 11.9% to 0.01% over the past 5 years.
Debt Coverage: RO41's debt is well covered by operating cash flow (312235%).
Interest Coverage: RO41 earns more interest than it pays, so coverage of interest payments is not a concern.