Rolcon Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Rolcon Engineering has a total shareholder equity of ₹240.7M and total debt of ₹12.7M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ₹395.1M and ₹154.3M respectively. Rolcon Engineering's EBIT is ₹51.0M making its interest coverage ratio -15.8. It has cash and short-term investments of ₹82.5M.
Key information
5.3%
Debt to equity ratio
₹12.74m
Debt
| Interest coverage ratio | -15.8x |
| Cash | ₹82.49m |
| Equity | ₹240.72m |
| Total liabilities | ₹154.35m |
| Total assets | ₹395.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505807's short term assets (₹272.2M) exceed its short term liabilities (₹152.7M).
Long Term Liabilities: 505807's short term assets (₹272.2M) exceed its long term liabilities (₹1.7M).
Debt to Equity History and Analysis
Debt Level: 505807 has more cash than its total debt.
Reducing Debt: 505807's debt to equity ratio has increased from 1.2% to 5.3% over the past 5 years.
Debt Coverage: 505807's debt is well covered by operating cash flow (83%).
Interest Coverage: 505807 earns more interest than it pays, so coverage of interest payments is not a concern.