RocTool Balance Sheet Health
Financial Health criteria checks 2/6
RocTool has a total shareholder equity of €2.6M and total debt of €3.6M, which brings its debt-to-equity ratio to 136.9%. Its total assets and total liabilities are €10.1M and €7.4M respectively. RocTool's EBIT is €104.4K making its interest coverage ratio 0.7. It has cash and short-term investments of €1.5M.
Key information
136.9%
Debt to equity ratio
€3.63m
Debt
| Interest coverage ratio | 0.7x |
| Cash | €1.55m |
| Equity | €2.65m |
| Total liabilities | €7.42m |
| Total assets | €10.06m |
Recent financial health updates
Would RocTool (EPA:ALROC) Be Better Off With Less Debt?
May 06
Does RocTool (EPA:ALROC) Have A Healthy Balance Sheet?
Sep 16Would RocTool (EPA:ALROC) Be Better Off With Less Debt?
Apr 20Recent updates
RocTool S.A. (EPA:ALROC) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 19Investors Holding Back On RocTool S.A. (EPA:ALROC)
Mar 05There's Reason For Concern Over RocTool S.A.'s (EPA:ALROC) Price
Jul 21Would RocTool (EPA:ALROC) Be Better Off With Less Debt?
May 06Does RocTool (EPA:ALROC) Have A Healthy Balance Sheet?
Sep 16Would RocTool (EPA:ALROC) Be Better Off With Less Debt?
Apr 20Financial Position Analysis
Short Term Liabilities: ALROC's short term assets (€8.0M) exceed its short term liabilities (€5.5M).
Long Term Liabilities: ALROC's short term assets (€8.0M) exceed its long term liabilities (€1.9M).
Debt to Equity History and Analysis
Debt Level: ALROC's net debt to equity ratio (78.5%) is considered high.
Reducing Debt: ALROC's debt to equity ratio has increased from 28% to 136.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if ALROC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALROC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.