Rajoo Engineers Balance Sheet Health
Financial Health criteria checks 6/6
Rajoo Engineers has a total shareholder equity of ₹1.3B and total debt of ₹13.1M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹2.3B and ₹1.0B respectively. Rajoo Engineers's EBIT is ₹231.5M making its interest coverage ratio 34.8. It has cash and short-term investments of ₹325.1M.
Key information
1.0%
Debt to equity ratio
₹13.11m
Debt
Interest coverage ratio | 34.8x |
Cash | ₹325.08m |
Equity | ₹1.27b |
Total liabilities | ₹1.01b |
Total assets | ₹2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522257's short term assets (₹1.7B) exceed its short term liabilities (₹963.6M).
Long Term Liabilities: 522257's short term assets (₹1.7B) exceed its long term liabilities (₹43.2M).
Debt to Equity History and Analysis
Debt Level: 522257 has more cash than its total debt.
Reducing Debt: 522257's debt to equity ratio has reduced from 27.3% to 1% over the past 5 years.
Debt Coverage: 522257's debt is well covered by operating cash flow (48.1%).
Interest Coverage: 522257's interest payments on its debt are well covered by EBIT (34.8x coverage).