Rane Brake Lining Balance Sheet Health
Financial Health criteria checks 5/6
Rane Brake Lining has a total shareholder equity of ₹2.8B and total debt of ₹23.6M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹4.1B and ₹1.3B respectively. Rane Brake Lining's EBIT is ₹600.6M making its interest coverage ratio -52.2. It has cash and short-term investments of ₹10.5M.
Key information
0.8%
Debt to equity ratio
₹23.60m
Debt
Interest coverage ratio | -52.2x |
Cash | ₹10.50m |
Equity | ₹2.79b |
Total liabilities | ₹1.28b |
Total assets | ₹4.06b |
Recent financial health updates
No updates
Recent updates
A Look Into Rane Brake Lining's (NSE:RBL) Impressive Returns On Capital
Dec 10Rane Brake Lining Limited's (NSE:RBL) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Aug 22Rane Brake Lining's (NSE:RBL) Upcoming Dividend Will Be Larger Than Last Year's
Jul 12Rane Brake Lining (NSE:RBL) Is Increasing Its Dividend To ₹30.00
Jun 27Returns On Capital At Rane Brake Lining (NSE:RBL) Have Hit The Brakes
Jun 12Rane Brake Lining's (NSE:RBL) Shareholders Will Receive A Bigger Dividend Than Last Year
May 07The Market Doesn't Like What It Sees From Rane Brake Lining Limited's (NSE:RBL) Earnings Yet
Apr 24Return Trends At Rane Brake Lining (NSE:RBL) Aren't Appealing
Feb 13Rane Brake Lining (NSE:RBL) Could Be Struggling To Allocate Capital
Jun 28Capital Allocation Trends At Rane Brake Lining (NSE:RBL) Aren't Ideal
May 13Some Investors May Be Worried About Rane Brake Lining's (NSE:RBL) Returns On Capital
Dec 27The Returns On Capital At Rane Brake Lining (NSE:RBL) Don't Inspire Confidence
Apr 16Here's What You Should Know About Rane Brake Lining Limited's (NSE:RBL) 2.0% Dividend Yield
Mar 04Rane Brake Lining Limited's (NSE:RBL) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 11We Wouldn't Rely On Rane Brake Lining's (NSE:RBL) Statutory Earnings As A Guide
Jan 21We're Watching These Trends At Rane Brake Lining (NSE:RBL)
Jan 03Rane Brake Lining (NSE:RBL) Has Gifted Shareholders With A Fantastic 143% Total Return On Their Investment
Dec 14Should Rane Brake Lining Limited (NSE:RBL) Be Part Of Your Dividend Portfolio?
Nov 26Rane Brake Lining Limited's (NSE:RBL) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 09We Wouldn't Rely On Rane Brake Lining's (NSE:RBL) Statutory Earnings As A Guide
Oct 20The Returns At Rane Brake Lining (NSE:RBL) Provide Us With Signs Of What's To Come
Oct 02Some Shareholders Feeling Restless Over Rane Brake Lining Limited's (NSE:RBL) P/E Ratio
Sep 15Would Rane Brake Lining Limited (NSE:RBL) Be Valuable To Income Investors?
Aug 27A Look At The Intrinsic Value Of Rane Brake Lining Limited (NSE:RBL)
Aug 09Did You Participate In Any Of Rane Brake Lining's (NSE:RBL) Respectable 99% Return?
Aug 09Financial Position Analysis
Short Term Liabilities: RBL's short term assets (₹2.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: RBL's short term assets (₹2.6B) exceed its long term liabilities (₹71.9M).
Debt to Equity History and Analysis
Debt Level: RBL's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: RBL's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: RBL's debt is well covered by operating cash flow (1903%).
Interest Coverage: RBL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/18 13:49 |
End of Day Share Price | 2024/12/18 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 * |
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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 Brake Lining Limited is covered by 2 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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Bharat Gianani | Angel Broking Private Limited |
Kameswari V. S. Chavali | FirstCall Research |