R. J. Shah Balance Sheet Health
Financial Health criteria checks 4/6
R. J. Shah has a total shareholder equity of ₹319.2M and total debt of ₹12.3M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ₹392.8M and ₹73.6M respectively.
Key information
3.8%
Debt to equity ratio
₹12.27m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.90m |
Equity | ₹319.19m |
Total liabilities | ₹73.60m |
Total assets | ₹392.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509845's short term assets (₹62.3M) do not cover its short term liabilities (₹73.6M).
Long Term Liabilities: 509845's short term assets (₹62.3M) exceed its long term liabilities (₹2.0K).
Debt to Equity History and Analysis
Debt Level: 509845's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 509845's debt to equity ratio has reduced from 5.2% to 3.8% over the past 5 years.
Debt Coverage: 509845's debt is well covered by operating cash flow (22.9%).
Interest Coverage: Insufficient data to determine if 509845's interest payments on its debt are well covered by EBIT.