Rock FieldLtd Balance Sheet Health
Financial Health criteria checks 5/6
Rock FieldLtd has a total shareholder equity of ¥29.8B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥36.0B and ¥6.2B respectively. Rock FieldLtd's EBIT is ¥1.8B making its interest coverage ratio -225.3. It has cash and short-term investments of ¥14.0B.
Key information
3.8%
Debt to equity ratio
JP¥1.14b
Debt
Interest coverage ratio | -225.3x |
Cash | JP¥13.96b |
Equity | JP¥29.78b |
Total liabilities | JP¥6.24b |
Total assets | JP¥36.02b |
Recent financial health updates
No updates
Recent updates
Rock FieldLtd (TSE:2910) Is Increasing Its Dividend To ¥14.00
Apr 24Rock FieldLtd (TSE:2910) Has Announced That It Will Be Increasing Its Dividend To ¥14.00
Apr 04Rock FieldLtd's (TSE:2910) Upcoming Dividend Will Be Larger Than Last Year's
Mar 21Rock FieldLtd's (TSE:2910) Dividend Will Be Increased To ¥14.00
Mar 07Financial Position Analysis
Short Term Liabilities: 2910's short term assets (¥19.6B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 2910's short term assets (¥19.6B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 2910 has more cash than its total debt.
Reducing Debt: 2910's debt to equity ratio has increased from 0.4% to 3.8% over the past 5 years.
Debt Coverage: 2910's debt is well covered by operating cash flow (243.3%).
Interest Coverage: 2910 earns more interest than it pays, so coverage of interest payments is not a concern.