Rane Engine Valve Balance Sheet Health
Financial Health criteria checks 3/6
Rane Engine Valve has a total shareholder equity of ₹1.2B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are ₹3.8B and ₹2.6B respectively. Rane Engine Valve's EBIT is ₹336.3M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹129.1M.
Key information
113.7%
Debt to equity ratio
₹1.41b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹129.10m |
| Equity | ₹1.24b |
| Total liabilities | ₹2.61b |
| Total assets | ₹3.85b |
Recent financial health updates
Here's Why Rane Engine Valve (NSE:RANEENGINE) Has A Meaningful Debt Burden
May 07
Rane Engine Valve (NSE:RANEENGINE) Use Of Debt Could Be Considered Risky
Dec 29Does Rane Engine Valve (NSE:RANEENGINE) Have A Healthy Balance Sheet?
May 25We Think Rane Engine Valve (NSE:RANEENGINE) Has A Fair Chunk Of Debt
Dec 30Is Rane Engine Valve (NSE:RANEENGINE) Using Too Much Debt?
Sep 15Would Rane Engine Valve (NSE:RANEENGINE) Be Better Off With Less Debt?
May 24Recent updates
Investors Continue Waiting On Sidelines For Rane Engine Valve Limited (NSE:RANEENGINE)
Dec 12Investors Still Aren't Entirely Convinced By Rane Engine Valve Limited's (NSE:RANEENGINE) Earnings Despite 47% Price Jump
Aug 23A Look At The Intrinsic Value Of Rane Engine Valve Limited (NSE:RANEENGINE)
Aug 16We Think Rane Engine Valve's (NSE:RANEENGINE) Robust Earnings Are Conservative
May 21Investors Give Rane Engine Valve Limited (NSE:RANEENGINE) Shares A 25% Hiding
Mar 13The Market Lifts Rane Engine Valve Limited (NSE:RANEENGINE) Shares 29% But It Can Do More
Jan 18Rane Engine Valve (NSE:RANEENGINE) Might Have The Makings Of A Multi-Bagger
Dec 28Not Many Are Piling Into Rane Engine Valve Limited (NSE:RANEENGINE) Just Yet
Nov 22Rane Engine Valve (NSE:RANEENGINE) Is Doing The Right Things To Multiply Its Share Price
Jul 22Here's Why Rane Engine Valve (NSE:RANEENGINE) Has A Meaningful Debt Burden
May 07Rane Engine Valve (NSE:RANEENGINE) Shareholders Will Want The ROCE Trajectory To Continue
Mar 03Rane Engine Valve (NSE:RANEENGINE) Use Of Debt Could Be Considered Risky
Dec 29Does Rane Engine Valve (NSE:RANEENGINE) Have A Healthy Balance Sheet?
May 25We Think Rane Engine Valve (NSE:RANEENGINE) Has A Fair Chunk Of Debt
Dec 30Is Rane Engine Valve (NSE:RANEENGINE) Using Too Much Debt?
Sep 15Would Rane Engine Valve (NSE:RANEENGINE) Be Better Off With Less Debt?
May 24Does Rane Engine Valve (NSE:RANEENGINE) Have A Healthy Balance Sheet?
Oct 27Is Rane Engine Valve (NSE:RANEENGINE) Weighed On By Its Debt Load?
Jul 01Financial Position Analysis
Short Term Liabilities: RANEENGINE's short term assets (₹2.4B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: RANEENGINE's short term assets (₹2.4B) exceed its long term liabilities (₹608.6M).
Debt to Equity History and Analysis
Debt Level: RANEENGINE's net debt to equity ratio (103.4%) is considered high.
Reducing Debt: RANEENGINE's debt to equity ratio has increased from 99.8% to 113.7% over the past 5 years.
Debt Coverage: RANEENGINE's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: RANEENGINE's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 02:04 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rane Engine Valve Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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