Remsons Industries Balance Sheet Health
Financial Health criteria checks 4/6
Remsons Industries has a total shareholder equity of ₹463.1M and total debt of ₹773.4M, which brings its debt-to-equity ratio to 167%. Its total assets and total liabilities are ₹1.9B and ₹1.5B respectively. Remsons Industries's EBIT is ₹205.8M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹148.6M.
Key information
167.0%
Debt to equity ratio
₹773.36m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹148.60m |
| Equity | ₹463.08m |
| Total liabilities | ₹1.46b |
| Total assets | ₹1.92b |
Recent financial health updates
Does Remsons Industries (NSE:REMSONSIND) Have A Healthy Balance Sheet?
Jul 26
Here'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
Remsons Industries (NSE:REMSONSIND) Takes On Some Risk With Its Use Of Debt
Aug 09Recent updates
Remsons 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 24Benign Growth For Remsons Industries Limited (NSE:REMSONSIND) Underpins Its Share Price
Sep 09Remsons Industries Limited's (NSE:REMSONSIND) Low P/E No Reason For Excitement
Aug 23Why Investors Shouldn't Be Surprised By Remsons Industries Limited's (NSE:REMSONSIND) Low P/E
Aug 09Remsons Industries (NSE:REMSONSIND) Takes On Some Risk With Its Use Of Debt
Aug 09Financial Position Analysis
Short Term Liabilities: REMSONSIND's short term assets (₹1.2B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: REMSONSIND's short term assets (₹1.2B) exceed its long term liabilities (₹402.2M).
Debt to Equity History and Analysis
Debt Level: REMSONSIND's net debt to equity ratio (134.9%) is considered high.
Reducing Debt: REMSONSIND's debt to equity ratio has increased from 139.1% to 167% over the past 5 years.
Debt Coverage: REMSONSIND's debt is well covered by operating cash flow (36.8%).
Interest Coverage: REMSONSIND's interest payments on its debt are well covered by EBIT (3.1x coverage).