Rane Brake Lining Balance Sheet Health
Financial Health criteria checks 5/6
Rane Brake Lining has a total shareholder equity of ₹2.6B and total debt of ₹7.3M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹3.7B and ₹1.2B respectively. Rane Brake Lining's EBIT is ₹472.8M making its interest coverage ratio -72.7. It has cash and short-term investments of ₹46.3M.
Key information
0.3%
Debt to equity ratio
₹7.30m
Debt
| Interest coverage ratio | -72.7x |
| Cash | ₹46.30m |
| Equity | ₹2.56b |
| Total liabilities | ₹1.16b |
| Total assets | ₹3.73b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Rane Brake Lining Limited's (NSE:RBL) Earnings Yet
Apr 24
Return 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 21
We'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 (₹2.3B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: RBL's short term assets (₹2.3B) exceed its long term liabilities (₹65.4M).
Debt to Equity History and Analysis
Debt Level: RBL has more cash than its total debt.
Reducing Debt: RBL's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: RBL's debt is well covered by operating cash flow (6478.1%).
Interest Coverage: RBL earns more interest than it pays, so coverage of interest payments is not a concern.