Rock FieldLtd Balance Sheet Health
Financial Health criteria checks 6/6
Rock FieldLtd has a total shareholder equity of ¥28.7B and total debt of ¥600.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥35.2B and ¥6.5B respectively. Rock FieldLtd's EBIT is ¥1.6B making its interest coverage ratio -75.8. It has cash and short-term investments of ¥12.9B.
Key information
2.1%
Debt to equity ratio
JP¥600.00m
Debt
| Interest coverage ratio | -75.8x |
| Cash | JP¥12.93b |
| Equity | JP¥28.70b |
| Total liabilities | JP¥6.54b |
| Total assets | JP¥35.24b |
Recent financial health updates
No updates
Recent updates
We Think You Can Look Beyond Rock FieldLtd's (TSE:2910) Lackluster Earnings
Sep 13
Rock FieldLtd (TSE:2910) Is Due To Pay A Dividend Of ¥9.00
Sep 08Rock FieldLtd (TSE:2910) Is Due To Pay A Dividend Of ¥9.00
Aug 21Rock FieldLtd (TSE:2910) Will Pay A Dividend Of ¥9.00
Aug 06Rock 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 (¥18.5B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 2910's short term assets (¥18.5B) exceed its long term liabilities (¥1.2B).
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 reduced from 7.2% to 2.1% over the past 5 years.
Debt Coverage: 2910's debt is well covered by operating cash flow (481.3%).
Interest Coverage: 2910 earns more interest than it pays, so coverage of interest payments is not a concern.