RPC Balance Sheet Health
Financial Health criteria checks 6/6
RPC has a total shareholder equity of $1.1B 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 $258.3M respectively. RPC's EBIT is $129.0M making its interest coverage ratio -11. It has cash and short-term investments of $276.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -11x |
| Cash | US$276.89m |
| Equity | US$1.07b |
| Total liabilities | US$258.26m |
| Total assets | US$1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLD's short term assets ($677.8M) exceed its short term liabilities ($134.6M).
Long Term Liabilities: RLD's short term assets ($677.8M) exceed its long term liabilities ($123.7M).
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.