Rane Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Rane Holdings has a total shareholder equity of ₹10.9B and total debt of ₹8.3B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are ₹25.9B and ₹15.0B respectively. Rane Holdings's EBIT is ₹2.0B making its interest coverage ratio 3. It has cash and short-term investments of ₹733.9M.
Key information
76.2%
Debt to equity ratio
₹8.32b
Debt
| Interest coverage ratio | 3x |
| Cash | ₹733.90m |
| Equity | ₹10.92b |
| Total liabilities | ₹15.02b |
| Total assets | ₹25.94b |
Recent financial health updates
Rane Holdings (NSE:RANEHOLDIN) Is Carrying A Fair Bit Of Debt
Mar 16
Is Rane Holdings (NSE:RANEHOLDIN) Using Debt Sensibly?
Nov 23
Rane Holdings (NSE:RANEHOLDIN) Seems To Be Using An Awful Lot Of Debt
Jul 30Recent updates
Rane Holdings (NSE:RANEHOLDIN) Might Have The Makings Of A Multi-Bagger
Dec 28There's Been No Shortage Of Growth Recently For Rane Holdings' (NSE:RANEHOLDIN) Returns On Capital
Sep 09Insider Buying: The Rane Holdings Limited (NSE:RANEHOLDIN) Chairman Emeritus Just Bought ₹2.0m Worth Of Shares
Mar 21Rane Holdings (NSE:RANEHOLDIN) Is Carrying A Fair Bit Of Debt
Mar 16Rane Holdings' (NSE:RANEHOLDIN) Stock Price Has Reduced 76% In The Past Three Years
Feb 14Factors Income Investors Should Consider Before Adding Rane Holdings Limited (NSE:RANEHOLDIN) To Their Portfolio
Jan 17Here's What Rane Holdings Limited's (NSE:RANEHOLDIN) Shareholder Ownership Structure Looks Like
Dec 20Is Rane Holdings (NSE:RANEHOLDIN) Using Debt Sensibly?
Nov 23Rane Holdings (NSE:RANEHOLDIN) Share Prices Have Dropped 75% In The Last Three Years
Oct 20Should You Buy Rane Holdings Limited (NSE:RANEHOLDIN) For Its 1.5% Dividend?
Aug 28Why It Might Not Make Sense To Buy Rane Holdings Limited (NSE:RANEHOLDIN) For Its Upcoming Dividend
Aug 01Rane Holdings (NSE:RANEHOLDIN) Seems To Be Using An Awful Lot Of Debt
Jul 30Will Rane Holdings (NSE:RANEHOLDIN) Multiply In Value Going Forward?
Jun 24Financial Position Analysis
Short Term Liabilities: RANEHOLDIN's short term assets (₹12.4B) exceed its short term liabilities (₹11.1B).
Long Term Liabilities: RANEHOLDIN's short term assets (₹12.4B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: RANEHOLDIN's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: RANEHOLDIN's debt to equity ratio has increased from 44.6% to 76.2% over the past 5 years.
Debt Coverage: RANEHOLDIN's debt is well covered by operating cash flow (29.1%).
Interest Coverage: RANEHOLDIN's interest payments on its debt are not well covered by EBIT (3x coverage).