Rolex Rings Balance Sheet Health
Financial Health criteria checks 6/6
Rolex Rings has a total shareholder equity of ₹10.0B and total debt of ₹213.3M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹12.3B and ₹2.3B respectively. Rolex Rings's EBIT is ₹2.2B making its interest coverage ratio -97.7. It has cash and short-term investments of ₹2.5B.
Key information
2.1%
Debt to equity ratio
₹213.32m
Debt
| Interest coverage ratio | -97.7x |
| Cash | ₹2.46b |
| Equity | ₹9.97b |
| Total liabilities | ₹2.33b |
| Total assets | ₹12.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543325's short term assets (₹7.3B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 543325's short term assets (₹7.3B) exceed its long term liabilities (₹629.7M).
Debt to Equity History and Analysis
Debt Level: 543325 has more cash than its total debt.
Reducing Debt: 543325's debt to equity ratio has reduced from 133.2% to 2.1% over the past 5 years.
Debt Coverage: 543325's debt is well covered by operating cash flow (1198.9%).
Interest Coverage: 543325 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 15:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rolex Rings Limited is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ashutosh Tiwari | Equirus Securities Private Limited |
| Ronak Jain | Equirus Securities Private Limited |
| Kameswari V. S. Chavali | FirstCall Research |