Rockwell Land Balance Sheet Health
Financial Health criteria checks 4/6
Rockwell Land has a total shareholder equity of ₱32.3B and total debt of ₱25.8B, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are ₱74.6B and ₱42.3B respectively. Rockwell Land's EBIT is ₱3.4B making its interest coverage ratio -7.4. It has cash and short-term investments of ₱4.3B.
Key information
80.0%
Debt to equity ratio
₱25.84b
Debt
Interest coverage ratio | -7.4x |
Cash | ₱4.25b |
Equity | ₱32.29b |
Total liabilities | ₱42.30b |
Total assets | ₱74.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCK's short term assets (₱44.9B) exceed its short term liabilities (₱13.1B).
Long Term Liabilities: ROCK's short term assets (₱44.9B) exceed its long term liabilities (₱29.2B).
Debt to Equity History and Analysis
Debt Level: ROCK's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: ROCK's debt to equity ratio has reduced from 130% to 80% over the past 5 years.
Debt Coverage: ROCK's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: ROCK earns more interest than it pays, so coverage of interest payments is not a concern.