GURUFOCUS.COM » STOCK LIST » USA » NYSE » Roper Technologies Inc (NYSE:ROP) » Definitions » Financial Strength
Switch to:

Roper Technologies Financial Strength

: 6 (As of Jun. 2022)
View and export this data going back to 1996. Start your Free Trial

Roper Technologies has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Roper Technologies's Interest Coverage for the quarter that ended in Jun. 2022 was 8.12. Roper Technologies's debt to revenue ratio for the quarter that ended in Jun. 2022 was 1.42. As of today, Roper Technologies's Altman Z-Score is 3.56.


Competitive Comparison

For the Specialty Industrial Machinery subindustry, Roper Technologies's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Roper Technologies Financial Strength Distribution

For the Industrial Products industry and Industrials sector, Roper Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where Roper Technologies's Financial Strength falls into.



Roper Technologies Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Roper Technologies's Interest Expense for the months ended in Jun. 2022 was $-45 Mil. Its Operating Income for the months ended in Jun. 2022 was $363 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $6,657 Mil.

Roper Technologies's Interest Coverage for the quarter that ended in Jun. 2022 is

Interest Coverage=-1*Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*362.9/-44.7
=8.12

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Roper Technologies's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(799.9 + 6657.1) / 5243.2
=1.42

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Roper Technologies has a Z-score of 3.56, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.56 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Roper Technologies  (NYSE:ROP) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Roper Technologies has the Financial Strength Rank of 6.


Roper Technologies Financial Strength Related Terms

Thank you for viewing the detailed overview of Roper Technologies's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Roper Technologies Business Description

Roper Technologies logo
Address
6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240
Roper is a diversified technology company that operates out of four segments: application software; network software and systems; measurement and analytical solutions; and process technologies. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the firm's businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.
Executives
Joyce Thomas Patrick Jr director 2099 PENNSYLVANIA AVENUE, NW 12TH FLOOR WASHINGTON DC 22207
Esteves Irene M director C/O TIME WARNER CABLE INC. 60 COLUMBUS CIRCLE, 17TH FLOOR NEW YORK NY 10023
Archambeau Shellye L director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR NEW YORK NY 10036
Crisci Robert officer: Vice President and CFO C/O ROPER TECHNOLOGIES, INC. 6901 PROFESSIONAL PARKWAY SARASOTA FL 34240
Hunn Laurence Neil officer: Executive Vice President 100 NORTH POINT CENTER EAST SUITE 200 ALPHARETTA GA 30022
Conley Jason officer: Vice President and Controller C/O ROPER TECHNOLOGIES, INC. 6901 PROFESSIONAL PARKWAY SARASOTA FL 34240
Stipancich John K officer: VP, GC & Secretary C/O ROPER TECHNOLOGIES, INC. 6901 PROFESSIONAL PARKWAY E, STE. 200 SARASOTA FL 34240
Brinkley Amy Woods director BANK OF AMERICA CORP 100 NORTH TRYON ST NC1-007-58-04 CHARLOTTE NC 28255
Thatcher Laura G director C/O ROPER TECHNOLOGIES,INC. 6901 PROFESSIONAL PARKWAY EAST, STE 200 SARASOTA FL 34240
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO 3000 HANOVER STREET PALO ALTO CA 94304
Wallman Richard F director HONEYWELL 101 COLUMBIA ROAD MORRISTOWN NJ 07962
Humphrey John officer: VP, Chief Financial Officer ENPRO INDUSTRIES, INC. 5605 CARNEGIE BLVD., SUITE 500 CHARLOTTE NC 28209
Soni Paul J other: Vice President & Controller 6901 PROFESSIONAL PARKWAY E, STE 200 SARASOTA FL 34240
Liner David B officer: VP, General Counsel & Secretar 6901 PROFESSIONAL PARKWAY E, STE 200 SARASOTA FL 34240
Johnson Robert D director HONEYWELL 1944 E SKY HARBOR CIRCLE PHOENIX AZ 85034

Roper Technologies Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)