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 ratio3.2x
CashR327.11m
EquityR12.75b
Total liabilitiesR10.36b
Total assetsR23.11b

Recent financial health updates

Recent updates

Returns On Capital Signal Tricky Times Ahead For RCL Foods (JSE:RCL)

Dec 22
Returns On Capital Signal Tricky Times Ahead For RCL Foods (JSE:RCL)

Getting In Cheap On RCL Foods Limited (JSE:RCL) Is Unlikely

May 10
Getting In Cheap On RCL Foods Limited (JSE:RCL) Is Unlikely

Investors Will Want RCL Foods' (JSE:RCL) Growth In ROCE To Persist

Mar 18
Investors Will Want RCL Foods' (JSE:RCL) Growth In ROCE To Persist

RCL Foods' (JSE:RCL) Dividend Will Be ZAR0.30

Sep 22
RCL Foods' (JSE:RCL) Dividend Will Be ZAR0.30

RCL Foods (JSE:RCL) Will Pay A Dividend Of ZAR0.30

Sep 08
RCL Foods (JSE:RCL) Will Pay A Dividend Of ZAR0.30

RCL Foods (JSE:RCL) Is Doing The Right Things To Multiply Its Share Price

Sep 06
RCL Foods (JSE:RCL) Is Doing The Right Things To Multiply Its Share Price

Calculating The Fair Value Of RCL Foods Limited (JSE:RCL)

Mar 03
Calculating The Fair Value Of RCL Foods Limited (JSE:RCL)

Estimating The Intrinsic Value Of RCL Foods Limited (JSE:RCL)

Oct 05
Estimating The Intrinsic Value Of RCL Foods Limited (JSE:RCL)

Investors Shouldn't Be Too Comfortable With RCL Foods' (JSE:RCL) Robust Earnings

Sep 13
Investors Shouldn't Be Too Comfortable With RCL Foods' (JSE:RCL) Robust Earnings

RCL Foods (JSE:RCL) Has A Pretty Healthy Balance Sheet

Sep 08
RCL Foods (JSE:RCL) Has A Pretty Healthy Balance Sheet

RCL Foods' (JSE:RCL) Returns On Capital Not Reflecting Well On The Business

May 21
RCL Foods' (JSE:RCL) Returns On Capital Not Reflecting Well On The Business

Consider This Before Buying RCL Foods Limited (JSE:RCL) For The 2.6% Dividend

Apr 07
Consider This Before Buying RCL Foods Limited (JSE:RCL) For The 2.6% Dividend

RCL Foods (JSE:RCL) Share Prices Have Dropped 47% In The Last Three Years

Mar 04
RCL Foods (JSE:RCL) Share Prices Have Dropped 47% In The Last Three Years

Does RCL Foods' (JSE:RCL) CEO Salary Compare Well With The Performance Of The Company?

Feb 05
Does RCL Foods' (JSE:RCL) CEO Salary Compare Well With The Performance Of The Company?

Is RCL Foods (JSE:RCL) Using Capital Effectively?

Jan 07
Is RCL Foods (JSE:RCL) Using Capital Effectively?

Here's Why RCL Foods (JSE:RCL) Has A Meaningful Debt Burden

Dec 09
Here's Why RCL Foods (JSE:RCL) Has A Meaningful Debt Burden

Would Shareholders Who Purchased RCL Foods' (JSE:RCL) Stock Five Years Be Happy With The Share price Today?

Nov 18
Would Shareholders Who Purchased RCL Foods' (JSE:RCL) Stock Five Years Be Happy With The Share price Today?

Financial 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).


Balance Sheet


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