Rasandik Engineering Industries India Balance Sheet Health
Financial Health criteria checks 4/6
Rasandik Engineering Industries India has a total shareholder equity of ₹939.2M and total debt of ₹603.6M, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are ₹2.1B and ₹1.2B respectively.
Key information
64.3%
Debt to equity ratio
₹603.56m
Debt
Interest coverage ratio | n/a |
Cash | ₹4.34m |
Equity | ₹939.16m |
Total liabilities | ₹1.16b |
Total assets | ₹2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522207's short term assets (₹653.1M) do not cover its short term liabilities (₹829.5M).
Long Term Liabilities: 522207's short term assets (₹653.1M) exceed its long term liabilities (₹333.8M).
Debt to Equity History and Analysis
Debt Level: 522207's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 522207's debt to equity ratio has reduced from 95.3% to 64.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 522207 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 522207 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.5% per year.