Rockwell Automation Balance Sheet Health
Financial Health criteria checks 4/6
Rockwell Automation has a total shareholder equity of $3.8B and total debt of $3.4B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are $11.3B and $7.5B respectively. Rockwell Automation's EBIT is $1.5B making its interest coverage ratio 12.7. It has cash and short-term investments of $440.1M.
Key information
89.1%
Debt to equity ratio
US$3.37b
Debt
| Interest coverage ratio | 12.7x |
| Cash | US$440.10m |
| Equity | US$3.79b |
| Total liabilities | US$7.55b |
| Total assets | US$11.33b |
Recent financial health updates
Here's Why Rockwell Automation (NYSE:ROK) Can Manage Its Debt Responsibly
Mar 28
Rockwell Automation (NYSE:ROK) Seems To Use Debt Rather Sparingly
Dec 13Rockwell Automation (NYSE:ROK) Has A Pretty Healthy Balance Sheet
Sep 04Rockwell Automation (NYSE:ROK) Has A Rock Solid Balance Sheet
Apr 29Does Rockwell Automation (NYSE:ROK) Have A Healthy Balance Sheet?
Jan 20Recent updates
Rockwell Automation (NYSE:ROK) May Have Issues Allocating Its Capital
Apr 10Rockwell Automation: Transformational Decade Ahead For This Industry Leader
Apr 02Here's Why Rockwell Automation (NYSE:ROK) Can Manage Its Debt Responsibly
Mar 28What Rockwell Automation, Inc.'s (NYSE:ROK) P/E Is Not Telling You
Mar 01Rockwell Automation: Possible FY2024 Guidance Miss Gives Me Pause
Feb 01Shareholders May Not Be So Generous With Rockwell Automation, Inc.'s (NYSE:ROK) CEO Compensation And Here's Why
Jan 31Is It Time To Consider Buying Rockwell Automation, Inc. (NYSE:ROK)?
Jan 24Rockwell Automation, Inc. (NYSE:ROK) Shares Could Be 26% Above Their Intrinsic Value Estimate
Jan 10Rockwell Automation (NYSE:ROK) Seems To Use Debt Rather Sparingly
Dec 13There Are Reasons To Feel Uneasy About Rockwell Automation's (NYSE:ROK) Returns On Capital
Nov 30Rockwell Automation: Strong Market Position But Trading At A Fair Price
Nov 27Rockwell Automation: Turbulence Not Yet Priced In
Nov 15Rockwell Automation (NYSE:ROK) Has Announced That It Will Be Increasing Its Dividend To $1.25
Oct 30When Should You Buy Rockwell Automation, Inc. (NYSE:ROK)?
Oct 18Rockwell Automation: The Market Sentiment Is About To Change
Sep 11Rockwell Automation (NYSE:ROK) Has A Pretty Healthy Balance Sheet
Sep 04Calculating The Intrinsic Value Of Rockwell Automation, Inc. (NYSE:ROK)
Jul 31Rockwell Automation (NYSE:ROK) Will Be Hoping To Turn Its Returns On Capital Around
Jul 18Rockwell Automation: Inflated Valuation But Strong Long-Term Prospects
Jul 06What Does Rockwell Automation, Inc.'s (NYSE:ROK) Share Price Indicate?
Jun 24We Ran A Stock Scan For Earnings Growth And Rockwell Automation (NYSE:ROK) Passed With Ease
Jun 12Rockwell Automation: Good Prospects, But Likely Baked In
Jun 04Rockwell Automation (NYSE:ROK) Has A Rock Solid Balance Sheet
Apr 29A Look At The Fair Value Of Rockwell Automation, Inc. (NYSE:ROK)
Apr 16Is It Time To Consider Buying Rockwell Automation, Inc. (NYSE:ROK)?
Mar 21Returns On Capital At Rockwell Automation (NYSE:ROK) Have Hit The Brakes
Mar 08Rockwell Automation: Quality, Strong Growth And Robust Dividends At Hand
Feb 01Rockwell Automation Q1 2023 Earnings Preview
Jan 25Does Rockwell Automation (NYSE:ROK) Have A Healthy Balance Sheet?
Jan 20Rockwell Automation: Positioned To Build Back America
Jan 13Calculating The Intrinsic Value Of Rockwell Automation, Inc. (NYSE:ROK)
Jan 08Re-Shoring Dividends With Rockwell Automation
Dec 11Return Trends At Rockwell Automation (NYSE:ROK) Aren't Appealing
Dec 03Rockwell Automation's (NYSE:ROK) Soft Earnings Don't Show The Whole Picture
Nov 09Rockwell Automation (NYSE:ROK) Has Announced That It Will Be Increasing Its Dividend To $1.18
Oct 31Financial Position Analysis
Short Term Liabilities: ROK's short term assets ($4.1B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: ROK's short term assets ($4.1B) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: ROK's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: ROK's debt to equity ratio has reduced from 146.5% to 89.1% over the past 5 years.
Debt Coverage: ROK's debt is well covered by operating cash flow (39.7%).
Interest Coverage: ROK's interest payments on its debt are well covered by EBIT (12.7x coverage).