RACL Geartech Balance Sheet Health
Financial Health criteria checks 4/6
RACL Geartech has a total shareholder equity of ₹1.8B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 136.4%. Its total assets and total liabilities are ₹5.1B and ₹3.3B respectively. RACL Geartech's EBIT is ₹747.0M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹30.0M.
Key information
136.4%
Debt to equity ratio
₹2.52b
Debt
Interest coverage ratio | 4.9x |
Cash | ₹30.02m |
Equity | ₹1.85b |
Total liabilities | ₹3.25b |
Total assets | ₹5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520073's short term assets (₹2.3B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 520073's short term assets (₹2.3B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 520073's net debt to equity ratio (134.7%) is considered high.
Reducing Debt: 520073's debt to equity ratio has increased from 131.7% to 136.4% over the past 5 years.
Debt Coverage: 520073's debt is well covered by operating cash flow (27.1%).
Interest Coverage: 520073's interest payments on its debt are well covered by EBIT (4.9x coverage).