Rapicut Carbides Balance Sheet Health
Financial Health criteria checks 2/6
Rapicut Carbides has a total shareholder equity of ₹208.4M and total debt of ₹103.8M, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are ₹369.6M and ₹161.2M respectively. Rapicut Carbides's EBIT is ₹5.0M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹2.1M.
Key information
49.8%
Debt to equity ratio
₹103.80m
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹2.09m |
| Equity | ₹208.45m |
| Total liabilities | ₹161.17m |
| Total assets | ₹369.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500360's short term assets (₹318.4M) exceed its short term liabilities (₹151.6M).
Long Term Liabilities: 500360's short term assets (₹318.4M) exceed its long term liabilities (₹9.6M).
Debt to Equity History and Analysis
Debt Level: 500360's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: 500360's debt to equity ratio has increased from 16.1% to 49.8% 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 (0.9x coverage).