As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Rocky Brands, Inc. (NASDAQ:RCKY), it is a company with great financial health as well as a a great history of performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Rocky Brands here.
Excellent balance sheet with proven track record
RCKY's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that RCKY has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. RCKY’s debt-to-equity ratio stands at -0.3%, which means its debt level is low. RCKY has plenty of financial flexibility, without large debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future.
For Rocky Brands, there are three pertinent factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for RCKY’s future growth? Take a look at our free research report of analyst consensus for RCKY’s outlook.
- Valuation: What is RCKY worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether RCKY is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of RCKY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.