Rogers Balance Sheet Health
Financial Health criteria checks 2/6
Rogers has a total shareholder equity of MUR26.8B and total debt of MUR15.5B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are MUR47.9B and MUR21.1B respectively. Rogers's EBIT is MUR2.2B making its interest coverage ratio 2.4. It has cash and short-term investments of MUR1.5B.
Key information
57.8%
Debt to equity ratio
MU₨15.47b
Debt
| Interest coverage ratio | 2.4x |
| Cash | MU₨1.52b |
| Equity | MU₨26.76b |
| Total liabilities | MU₨21.14b |
| Total assets | MU₨47.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROGE.N0000's short term assets (MUR6.7B) exceed its short term liabilities (MUR5.7B).
Long Term Liabilities: ROGE.N0000's short term assets (MUR6.7B) do not cover its long term liabilities (MUR15.5B).
Debt to Equity History and Analysis
Debt Level: ROGE.N0000's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: ROGE.N0000's debt to equity ratio has reduced from 61.9% to 57.8% over the past 5 years.
Debt Coverage: ROGE.N0000's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: ROGE.N0000's interest payments on its debt are not well covered by EBIT (2.4x coverage).