IronRock Insurance Balance Sheet Health
Financial Health criteria checks 4/6
IronRock Insurance has a total shareholder equity of JMD697.6M 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 JMD1.6B respectively. IronRock Insurance's EBIT is JMD80.9M making its interest coverage ratio 32.5. It has cash and short-term investments of JMD528.2M.
Key information
0%
Debt to equity ratio
JA$0
Debt
| Interest coverage ratio | 32.5x |
| Cash | JA$528.20m |
| Equity | JA$697.63m |
| Total liabilities | JA$1.61b |
| Total assets | JA$1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROC's short term assets (JMD630.5M) do not cover its short term liabilities (JMD768.8M).
Long Term Liabilities: ROC's short term assets (JMD630.5M) do not cover its long term liabilities (JMD845.1M).
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.