IronRock Insurance Company Limited

JMSE:ROC Stock Report

Market Cap: JA$941.6m

IronRock Insurance Balance Sheet Health

Financial Health criteria checks 5/6

IronRock Insurance has a total shareholder equity of JMD752.4M and total debt of JMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JMD1.5B and JMD1.2B respectively.

Key information

0%

Debt to equity ratio

JA$0

Debt

Interest coverage ration/a
CashJA$516.35m
EquityJA$752.37m
Total liabilitiesJA$1.18b
Total assetsJA$1.50b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ROC's short term assets (JMD583.0M) exceed its short term liabilities (JMD433.6M).

Long Term Liabilities: ROC's short term assets (JMD583.0M) do not cover its long term liabilities (JMD747.0M).


Debt to Equity History and Analysis

Debt Level: ROC is debt free.

Reducing Debt: ROC has not had any debt for past 5 years.

Debt Coverage: ROC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ROC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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