Remsons Industries Balance Sheet Health
Financial Health criteria checks 5/6
Remsons Industries has a total shareholder equity of ₹1.2B and total debt of ₹758.8M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ₹2.8B and ₹1.6B respectively. Remsons Industries's EBIT is ₹188.0M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹297.8M.
Key information
64.8%
Debt to equity ratio
₹758.80m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹297.83m |
| Equity | ₹1.17b |
| Total liabilities | ₹1.59b |
| Total assets | ₹2.77b |
Recent financial health updates
These 4 Measures Indicate That Remsons Industries (NSE:REMSONSIND) Is Using Debt Reasonably Well
Sep 28
Does Remsons Industries (NSE:REMSONSIND) Have A Healthy Balance Sheet?
Jul 26Here's Why Remsons Industries (NSE:REMSONSIND) Has A Meaningful Debt Burden
Jul 02We Think Remsons Industries (NSE:REMSONSIND) Is Taking Some Risk With Its Debt
Feb 23Remsons Industries (NSE:REMSONSIND) Has A Somewhat Strained Balance Sheet
Nov 25
Recent updates
These 4 Measures Indicate That Remsons Industries (NSE:REMSONSIND) Is Using Debt Reasonably Well
Sep 28Remsons Industries Limited (NSE:REMSONSIND) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Sep 28Remsons Industries (NSE:REMSONSIND) Is Paying Out A Dividend Of ₹1.50
Sep 01Solid Earnings May Not Tell The Whole Story For Remsons Industries (NSE:REMSONSIND)
Jun 05Remsons Industries Limited (NSE:REMSONSIND) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Feb 27Earnings Tell The Story For Remsons Industries Limited (NSE:REMSONSIND) As Its Stock Soars 32%
Dec 18Remsons Industries (NSE:REMSONSIND) Is Increasing Its Dividend To ₹1.50
Aug 27Does Remsons Industries (NSE:REMSONSIND) Have A Healthy Balance Sheet?
Jul 26Estimating The Fair Value Of Remsons Industries Limited (NSE:REMSONSIND)
Apr 07Remsons Industries' (NSE:REMSONSIND) Strong Earnings Are Of Good Quality
Nov 22Here's Why Remsons Industries (NSE:REMSONSIND) Has Caught The Eye Of Investors
Nov 05Remsons Industries (NSE:REMSONSIND) Has Announced A Dividend Of ₹1.00
Sep 09If EPS Growth Is Important To You, Remsons Industries (NSE:REMSONSIND) Presents An Opportunity
Jul 05Here's Why Remsons Industries (NSE:REMSONSIND) Has A Meaningful Debt Burden
Jul 02We Think Remsons Industries (NSE:REMSONSIND) Is Taking Some Risk With Its Debt
Feb 23Can Remsons Industries Limited's (NSE:REMSONSIND) ROE Continue To Surpass The Industry Average?
Jan 28Remsons Industries (NSE:REMSONSIND) Has A Somewhat Strained Balance Sheet
Nov 25Should You Be Impressed By Remsons Industries Limited's (NSE:REMSONSIND) ROE?
Oct 29Some Confidence Is Lacking In Remsons Industries Limited (NSE:REMSONSIND) As Shares Slide 32%
Sep 24Financial Position Analysis
Short Term Liabilities: REMSONSIND's short term assets (₹1.7B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: REMSONSIND's short term assets (₹1.7B) exceed its long term liabilities (₹364.5M).
Debt to Equity History and Analysis
Debt Level: REMSONSIND's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: REMSONSIND's debt to equity ratio has reduced from 130.7% to 64.8% over the past 5 years.
Debt Coverage: REMSONSIND's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: REMSONSIND's interest payments on its debt are well covered by EBIT (3.3x coverage).