RGC Resources Balance Sheet Health
Financial Health criteria checks 1/6
RGC Resources has a total shareholder equity of $110.5M and total debt of $142.6M, which brings its debt-to-equity ratio to 129%. Its total assets and total liabilities are $313.4M and $202.8M respectively. RGC Resources's EBIT is $17.2M making its interest coverage ratio 2.8. It has cash and short-term investments of $3.3M.
Key information
129.0%
Debt to equity ratio
US$142.62m
Debt
Interest coverage ratio | 2.8x |
Cash | US$3.29m |
Equity | US$110.54m |
Total liabilities | US$202.82m |
Total assets | US$313.36m |
Recent financial health updates
Is RGC Resources (NASDAQ:RGCO) Using Too Much Debt?
Jun 03These 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 01Financial Position Analysis
Short Term Liabilities: RGCO's short term assets ($28.5M) exceed its short term liabilities ($21.7M).
Long Term Liabilities: RGCO's short term assets ($28.5M) do not cover its long term liabilities ($181.1M).
Debt to Equity History and Analysis
Debt Level: RGCO's net debt to equity ratio (126%) is considered high.
Reducing Debt: RGCO's debt to equity ratio has increased from 102.3% to 129% over the past 5 years.
Debt Coverage: RGCO's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: RGCO's interest payments on its debt are not well covered by EBIT (2.8x coverage).