Rapicut Carbides Balance Sheet Health
Financial Health criteria checks 3/6
Rapicut Carbides has a total shareholder equity of ₹209.9M and total debt of ₹64.7M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are ₹421.9M and ₹212.0M respectively. Rapicut Carbides's EBIT is ₹2.5M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹2.7M.
Key information
30.8%
Debt to equity ratio
₹64.66m
Debt
Interest coverage ratio | 0.6x |
Cash | ₹2.75m |
Equity | ₹209.95m |
Total liabilities | ₹211.97m |
Total assets | ₹421.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500360's short term assets (₹369.3M) exceed its short term liabilities (₹202.9M).
Long Term Liabilities: 500360's short term assets (₹369.3M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: 500360's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 500360's debt to equity ratio has increased from 9% to 30.8% over the past 5 years.
Debt Coverage: 500360's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500360's interest payments on its debt are not well covered by EBIT (0.6x coverage).