RPC Balance Sheet Health
Financial Health criteria checks 6/6
RPC has a total shareholder equity of $1.0B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.3B and $263.9M respectively. RPC's EBIT is $180.7M making its interest coverage ratio -19.6. It has cash and short-term investments of $212.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -19.6x |
Cash | US$212.20m |
Equity | US$1.03b |
Total liabilities | US$263.94m |
Total assets | US$1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLD's short term assets ($713.3M) exceed its short term liabilities ($150.0M).
Long Term Liabilities: RLD's short term assets ($713.3M) exceed its long term liabilities ($113.9M).
Debt to Equity History and Analysis
Debt Level: RLD is debt free.
Reducing Debt: RLD had no debt 5 years ago.
Debt Coverage: RLD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RLD has no debt, therefore coverage of interest payments is not a concern.