RCL Foods Balance Sheet Health
Financial Health criteria checks 6/6
RCL Foods has a total shareholder equity of ZAR12.7B and total debt of ZAR3.0B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ZAR23.1B and ZAR10.4B respectively. RCL Foods's EBIT is ZAR1.2B making its interest coverage ratio 3.2. It has cash and short-term investments of ZAR327.1M.
Key information
23.7%
Debt to equity ratio
R3.02b
Debt
Interest coverage ratio | 3.2x |
Cash | R327.11m |
Equity | R12.75b |
Total liabilities | R10.36b |
Total assets | R23.11b |
Recent financial health updates
RCL Foods (JSE:RCL) Has A Pretty Healthy Balance Sheet
Sep 08Here's Why RCL Foods (JSE:RCL) Has A Meaningful Debt Burden
Dec 09Recent updates
Returns On Capital Signal Tricky Times Ahead For RCL Foods (JSE:RCL)
Dec 22Getting In Cheap On RCL Foods Limited (JSE:RCL) Is Unlikely
May 10Investors Will Want RCL Foods' (JSE:RCL) Growth In ROCE To Persist
Mar 18RCL Foods' (JSE:RCL) Dividend Will Be ZAR0.30
Sep 22RCL Foods (JSE:RCL) Will Pay A Dividend Of ZAR0.30
Sep 08RCL Foods (JSE:RCL) Is Doing The Right Things To Multiply Its Share Price
Sep 06Calculating The Fair Value Of RCL Foods Limited (JSE:RCL)
Mar 03Estimating The Intrinsic Value Of RCL Foods Limited (JSE:RCL)
Oct 05Investors Shouldn't Be Too Comfortable With RCL Foods' (JSE:RCL) Robust Earnings
Sep 13RCL Foods (JSE:RCL) Has A Pretty Healthy Balance Sheet
Sep 08RCL Foods' (JSE:RCL) Returns On Capital Not Reflecting Well On The Business
May 21Consider This Before Buying RCL Foods Limited (JSE:RCL) For The 2.6% Dividend
Apr 07RCL Foods (JSE:RCL) Share Prices Have Dropped 47% In The Last Three Years
Mar 04Does RCL Foods' (JSE:RCL) CEO Salary Compare Well With The Performance Of The Company?
Feb 05Is RCL Foods (JSE:RCL) Using Capital Effectively?
Jan 07Here's Why RCL Foods (JSE:RCL) Has A Meaningful Debt Burden
Dec 09Would Shareholders Who Purchased RCL Foods' (JSE:RCL) Stock Five Years Be Happy With The Share price Today?
Nov 18Financial Position Analysis
Short Term Liabilities: RCL's short term assets (ZAR11.6B) exceed its short term liabilities (ZAR8.7B).
Long Term Liabilities: RCL's short term assets (ZAR11.6B) exceed its long term liabilities (ZAR1.7B).
Debt to Equity History and Analysis
Debt Level: RCL's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: RCL's debt to equity ratio has reduced from 27.1% to 23.7% over the past 5 years.
Debt Coverage: RCL's debt is well covered by operating cash flow (45.4%).
Interest Coverage: RCL's interest payments on its debt are well covered by EBIT (3.2x coverage).