RGC Resources Balance Sheet Health
Financial Health criteria checks 1/6
RGC Resources has a total shareholder equity of $103.5M and total debt of $149.6M, which brings its debt-to-equity ratio to 144.4%. Its total assets and total liabilities are $314.7M and $211.2M respectively. RGC Resources's EBIT is $18.2M making its interest coverage ratio 3.1. It has cash and short-term investments of $4.0M.
Key information
144.4%
Debt to equity ratio
US$149.56m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$3.99m |
| Equity | US$103.54m |
| Total liabilities | US$211.16m |
| Total assets | US$314.70m |
Recent financial health updates
Is RGC Resources (NASDAQ:RGCO) Using Too Much Debt?
Jun 03
These 4 Measures Indicate That RGC Resources (NASDAQ:RGCO) Is Using Debt Extensively
Jun 18We Think RGC Resources (NASDAQ:RGCO) Is Taking Some Risk With Its Debt
Dec 03Here's Why RGC Resources (NASDAQ:RGCO) Is Weighed Down By Its Debt Load
Apr 12Recent updates
Investors Met With Slowing Returns on Capital At RGC Resources (NASDAQ:RGCO)
Nov 04RGC Resources (NASDAQ:RGCO) Is Paying Out A Dividend Of $0.1975
Oct 01RGC Resources (NASDAQ:RGCO) Has Announced A Dividend Of $0.1975
Jun 26Is RGC Resources (NASDAQ:RGCO) Using Too Much Debt?
Jun 03RGC Resources (NASDAQ:RGCO) Is Paying Out A Dividend Of $0.1975
Apr 29Here's What To Make Of RGC Resources' (NASDAQ:RGCO) Decelerating Rates Of Return
Apr 26RGC Resources (NASDAQ:RGCO) Has Announced A Dividend Of $0.1975
Apr 05RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year
Dec 03RGC Resources declares $0.195 dividend
Sep 27RGC Resources GAAP EPS of $0.06, revenue of $17.26B
Aug 08These 4 Measures Indicate That RGC Resources (NASDAQ:RGCO) Is Using Debt Extensively
Jun 18RGC Resources: Lack Of Forward Growth A Concern
Feb 01RGC Resources (NASDAQ:RGCO) Will Pay A Larger Dividend Than Last Year At US$0.20
Jan 13We Think RGC Resources (NASDAQ:RGCO) Is Taking Some Risk With Its Debt
Dec 03RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year
Dec 03Some Investors May Be Worried About RGC Resources' (NASDAQ:RGCO) Returns On Capital
Jun 28Estimating The Fair Value Of RGC Resources, Inc. (NASDAQ:RGCO)
May 19RGC Resources declares $0.185 dividend
Apr 26Here's Why RGC Resources (NASDAQ:RGCO) Is Weighed Down By Its Debt Load
Apr 12Should We Be Excited About The Trends Of Returns At RGC Resources (NASDAQ:RGCO)?
Mar 15Would RGC Resources, Inc. (NASDAQ:RGCO) Be Valuable To Income Investors?
Mar 01Is RGC Resources, Inc.'s (NASDAQ:RGCO) ROE Of 12% Impressive?
Feb 15How Much Of RGC Resources, Inc. (NASDAQ:RGCO) Do Insiders Own?
Feb 01Anita Zucker of RGC Resources, Inc. (NASDAQ:RGCO) Just Spent US$361k On Shares
Jan 18
Financial Position Analysis
Short Term Liabilities: RGCO's short term assets ($34.8M) do not cover its short term liabilities ($64.2M).
Long Term Liabilities: RGCO's short term assets ($34.8M) do not cover its long term liabilities ($147.0M).
Debt to Equity History and Analysis
Debt Level: RGCO's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: RGCO's debt to equity ratio has increased from 110.1% to 144.4% over the past 5 years.
Debt Coverage: RGCO's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: RGCO's interest payments on its debt are well covered by EBIT (3.1x coverage).