Rasandik Engineering Industries India Balance Sheet Health
Financial Health criteria checks 3/6
Rasandik Engineering Industries India has a total shareholder equity of ₹995.2M and total debt of ₹269.7M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ₹1.7B and ₹702.4M respectively.
Key information
27.1%
Debt to equity ratio
₹269.74m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.99m |
| Equity | ₹995.16m |
| Total liabilities | ₹702.36m |
| Total assets | ₹1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522207's short term assets (₹394.6M) do not cover its short term liabilities (₹407.1M).
Long Term Liabilities: 522207's short term assets (₹394.6M) exceed its long term liabilities (₹295.3M).
Debt to Equity History and Analysis
Debt Level: 522207's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 522207's debt to equity ratio has reduced from 84% to 27.1% over the past 5 years.
Debt Coverage: 522207's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: Insufficient data to determine if 522207's interest payments on its debt are well covered by EBIT.