Rocket Companies Balance Sheet Health
Financial Health criteria checks 3/6
Rocket Companies has a total shareholder equity of $8.3B and total debt of $9.2B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are $19.2B and $10.9B respectively.
Key information
110.3%
Debt to equity ratio
US$9.16b
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.24b |
| Equity | US$8.30b |
| Total liabilities | US$10.93b |
| Total assets | US$19.23b |
Recent financial health updates
No updates
Recent updates
Rocket Companies Is Materially Overpriced Considering The Interest Rate Outlook
Mar 28Rocket Companies: Market Share Gains Support A Positive Outlook
Mar 20Rocket Mortgage: Housing Market Recovery Creates Potential Opportunity
Oct 17Rocket Companies: Stabilization, Albeit At Very Low Levels
Sep 18Rocket Companies: Weak Near-Term Performance Puts Pressure On The Stock
Jul 11Rocket Recovery With Expected Increase In Home Buying
Jul 03Rocket Companies' Platform Is Strong; Depends On Interest Rate/Mortgage Convexity
Jun 09Rocket Companies Hunkers Down For Worsening Real Estate Contraction
Jan 13Rocket Companies marginally up as CEO buys $600K shares
Dec 15Rocket Companies stock drops 11% as Argus cuts to Hold on concerns over recent deals
Nov 16These Analysts Just Made An Incredible Downgrade To Their Rocket Companies, Inc. (NYSE:RKT) EPS Forecasts
Nov 06
Rocket Companies Q3 Earnings Preview - Quantitative Analysis
Oct 31Rocket Companies: Still Some Supply/Demand Downside, But Cheap - A Cautious Buy
Sep 30Some Rocket Companies, Inc. (NYSE:RKT) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 09Rocket Companies: Shares Look To Keep Rebounding Off The June Low
Aug 08Hold: Rocket Companies Is Far From Its Doomsday
May 18Downgrade: Here's How Analysts See Rocket Companies, Inc. (NYSE:RKT) Performing In The Near Term
May 12Is Rocket Companies Stock A Buy Or Sell After Recent Earnings? We're Bullish Into Low Expectations
Mar 03Rocket Companies Focuses On Revenue Diversification
Dec 23Rocket Companies: Uncertainties In Revenue Growth
Nov 08Rocket Companies - Not Rocking, But Good Enough
Aug 18WestRock (RKT) Presents At Deutsche Bank Conference - Slideshow
Jun 16Rocket Mortgage stock gets Buy rating at Argus, Neutral at Piper
Jun 08These Analysts Think Rocket Companies, Inc.'s (NYSE:RKT) Sales Are Under Threat
May 08Financial Position Analysis
Short Term Liabilities: RKT's short term assets ($10.3B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: RKT's short term assets ($10.3B) exceed its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: RKT's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: RKT's debt to equity ratio has reduced from 291.1% to 110.3% over the past 5 years.
Debt Coverage: RKT's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: Insufficient data to determine if RKT's interest payments on its debt are well covered by EBIT.