T. Rowe Price Group Balance Sheet Health
Financial Health criteria checks 5/6
T. Rowe Price Group has a total shareholder equity of $10.7B and total debt of $78.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are $12.9B and $2.2B respectively. T. Rowe Price Group's EBIT is $2.1B making its interest coverage ratio -3.6. It has cash and short-term investments of $2.4B.
Key information
0.7%
Debt to equity ratio
US$78.10m
Debt
| Interest coverage ratio | -3.6x |
| Cash | US$2.42b |
| Equity | US$10.67b |
| Total liabilities | US$2.19b |
| Total assets | US$12.85b |
Recent financial health updates
No updates
Recent updates
T. Rowe Price: A Dividend Aristocrat With 25% Upside Potential
May 01T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year
May 01
T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next
Apr 30There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings
Apr 05T. Rowe Price: Mixed Signals (Technical Analysis)
Mar 27T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24
Feb 22Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results
Feb 10T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year
Feb 08T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm
Feb 02Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E
Dec 21T. Rowe Price: This Company Is A Gem
Oct 18T. Rowe Price slides as September AUM falls by 8% to $1.23T
Oct 12T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis
Sep 13T. Rowe Price: An Excellent Business At A Fair Price
Aug 16T. Rowe Price sees marginal increase in July AUM
Aug 10T. Rowe Price Non-GAAP EPS of $1.79 misses by $0.36, revenue of $1.51B misses by $170M
Jul 28T. Rowe Price AUM slides over 6% in June amid turbulent market conditions
Jul 13T. Rowe Price: High Dividend, Unclear Short-Term Future
Jul 07T. Rowe Price: An Obvious Investment Opportunity And Why I Just Went Long
Jun 06T. Rowe Price: Is It Time To Dip One's Toes In? Three Ways To Value The Stock
May 17Should You Be Adding T. Rowe Price Group (NASDAQ:TROW) To Your Watchlist Today?
May 11Financial Position Analysis
Short Term Liabilities: TROW's short term assets ($3.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: TROW's short term assets ($3.3B) exceed its long term liabilities ($400.5M).
Debt to Equity History and Analysis
Debt Level: TROW has more cash than its total debt.
Reducing Debt: TROW's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: TROW's debt is well covered by operating cash flow (1721.8%).
Interest Coverage: TROW earns more interest than it pays, so coverage of interest payments is not a concern.