Rocky Brands Balance Sheet Health
Financial Health criteria checks 3/6
Rocky Brands has a total shareholder equity of $223.6M and total debt of $173.1M, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are $479.4M and $255.8M respectively. Rocky Brands's EBIT is $39.7M making its interest coverage ratio 1.8. It has cash and short-term investments of $4.5M.
Key information
77.4%
Debt to equity ratio
US$173.13m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$4.47m |
| Equity | US$223.56m |
| Total liabilities | US$255.83m |
| Total assets | US$479.39m |
Recent financial health updates
Is Rocky Brands (NASDAQ:RCKY) A Risky Investment?
Feb 16
Rocky Brands (NASDAQ:RCKY) Seems To Be Using A Lot Of Debt
Sep 25Here's Why Rocky Brands (NASDAQ:RCKY) Is Weighed Down By Its Debt Load
Sep 12Does Rocky Brands (NASDAQ:RCKY) Have A Healthy Balance Sheet?
May 11Recent updates
Is Rocky Brands (NASDAQ:RCKY) A Risky Investment?
Feb 16Rocky Brands: Boot Manufacturer Hoping For Macro-Economic Tailwinds In 2024
Feb 12Rocky Brands (NASDAQ:RCKY) Seems To Be Using A Lot Of Debt
Sep 25Rocky Brands (NASDAQ:RCKY) Has Affirmed Its Dividend Of $0.155
Aug 29Rocky Brands' (NASDAQ:RCKY) Dividend Will Be $0.155
May 21Rocky Brands' (NASDAQ:RCKY) Dividend Will Be $0.155
Feb 19When Should You Buy Rocky Brands, Inc. (NASDAQ:RCKY)?
Feb 10Rocky Brands (NASDAQ:RCKY) Is Paying Out A Dividend Of $0.155
Nov 19Rocky Brands promotes finance chief to newly-created COO role
Oct 13Rocky Brands sells NEOS Overshoe to SureWerx, terms were not disclosed
Oct 03Here's Why Rocky Brands (NASDAQ:RCKY) Is Weighed Down By Its Debt Load
Sep 12Rocky Brands: In For A Rocky Ride
Sep 01Rocky Brands declares $0.155 dividend
Aug 15Rocky Brands Non-GAAP EPS of $0.34 misses by $0.46, revenue of $162M beats by $16.28M
Aug 02Does Rocky Brands (NASDAQ:RCKY) Have A Healthy Balance Sheet?
May 11Rocky Brands: Results Beat Estimates, Outlook Raised, 7x P/E
May 04Rocky Brands: Sales Up 93% And EPS Up 34%, Above Estimates, 7x P/E
Mar 02Rocky Brands: Recent Sell-Off Has Created Prime Entry Point
Dec 15Rocky Brands' (NASDAQ:RCKY) Upcoming Dividend Will Be Larger Than Last Year's
Nov 19Revenues +61%, P/E Of 7.6x, Temporary Product Fulfillment Issues Impact Quarter
Nov 04Financial Position Analysis
Short Term Liabilities: RCKY's short term assets ($258.2M) exceed its short term liabilities ($71.5M).
Long Term Liabilities: RCKY's short term assets ($258.2M) exceed its long term liabilities ($184.3M).
Debt to Equity History and Analysis
Debt Level: RCKY's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: RCKY's debt to equity ratio has increased from 0% to 77.4% over the past 5 years.
Debt Coverage: RCKY's debt is well covered by operating cash flow (42.5%).
Interest Coverage: RCKY's interest payments on its debt are not well covered by EBIT (1.8x coverage).