Rolcon Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Rolcon Engineering has a total shareholder equity of ₹211.6M and total debt of ₹7.8M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹372.9M and ₹161.3M respectively. Rolcon Engineering's EBIT is ₹21.2M making its interest coverage ratio 28.2. It has cash and short-term investments of ₹79.6M.
Key information
3.7%
Debt to equity ratio
₹7.78m
Debt
Interest coverage ratio | 28.2x |
Cash | ₹79.57m |
Equity | ₹211.62m |
Total liabilities | ₹161.26m |
Total assets | ₹372.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505807's short term assets (₹258.6M) exceed its short term liabilities (₹160.1M).
Long Term Liabilities: 505807's short term assets (₹258.6M) exceed its long term liabilities (₹1.2M).
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 2.2% to 3.7% over the past 5 years.
Debt Coverage: 505807's debt is well covered by operating cash flow (249%).
Interest Coverage: 505807's interest payments on its debt are well covered by EBIT (28.2x coverage).