ROK Resources Balance Sheet Health
Financial Health criteria checks 4/6
ROK Resources has a total shareholder equity of CA$106.3M and total debt of CA$11.7M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CA$165.0M and CA$58.8M respectively. ROK Resources's EBIT is CA$8.3M making its interest coverage ratio 4. It has cash and short-term investments of CA$5.8M.
Key information
11.0%
Debt to equity ratio
CA$11.66m
Debt
| Interest coverage ratio | 4x |
| Cash | CA$5.84m |
| Equity | CA$106.25m |
| Total liabilities | CA$58.76m |
| Total assets | CA$165.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROKR.F's short term assets (CA$17.0M) exceed its short term liabilities (CA$14.0M).
Long Term Liabilities: ROKR.F's short term assets (CA$17.0M) do not cover its long term liabilities (CA$44.7M).
Debt to Equity History and Analysis
Debt Level: ROKR.F's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: ROKR.F's debt to equity ratio has increased from 0% to 11% over the past 5 years.
Debt Coverage: ROKR.F's debt is well covered by operating cash flow (203.6%).
Interest Coverage: ROKR.F's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ROK Resources Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kirk Wilson | Beacon Securities Limited |
| John Kozak | Canaccord Genuity |
| Garett Ursu | Cormark Securities Inc. |