Ram Ratna Wires Balance Sheet Health
Financial Health criteria checks 5/6
Ram Ratna Wires has a total shareholder equity of ₹4.5B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are ₹9.9B and ₹5.5B respectively. Ram Ratna Wires's EBIT is ₹1.1B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹286.1M.
Key information
47.0%
Debt to equity ratio
₹2.10b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹286.15m |
| Equity | ₹4.47b |
| Total liabilities | ₹5.48b |
| Total assets | ₹9.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522281's short term assets (₹6.4B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 522281's short term assets (₹6.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 522281's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 522281's debt to equity ratio has reduced from 116.7% to 47% over the past 5 years.
Debt Coverage: 522281's debt is well covered by operating cash flow (64.1%).
Interest Coverage: 522281's interest payments on its debt are well covered by EBIT (3.1x coverage).