First Rock Real Estate Investments Balance Sheet Health
Financial Health criteria checks 2/6
First Rock Real Estate Investments has a total shareholder equity of $34.7M and total debt of $21.6M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are $60.2M and $25.5M respectively.
Key information
62.3%
Debt to equity ratio
US$21.62m
Debt
Interest coverage ratio | n/a |
Cash | US$963.80k |
Equity | US$34.69m |
Total liabilities | US$25.50m |
Total assets | US$60.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIRSTROCKJMD's short term assets ($34.4M) exceed its short term liabilities ($17.4M).
Long Term Liabilities: FIRSTROCKJMD's short term assets ($34.4M) exceed its long term liabilities ($8.1M).
Debt to Equity History and Analysis
Debt Level: FIRSTROCKJMD's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: Insufficient data to determine if FIRSTROCKJMD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FIRSTROCKJMD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FIRSTROCKJMD's interest payments on its debt are well covered by EBIT.