Rajnandini Metal Balance Sheet Health
Financial Health criteria checks 4/6
Rajnandini Metal has a total shareholder equity of ₹542.7M and total debt of ₹862.2M, which brings its debt-to-equity ratio to 158.9%. Its total assets and total liabilities are ₹1.7B and ₹1.2B respectively. Rajnandini Metal's EBIT is ₹169.3M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹5.1M.
Key information
158.9%
Debt to equity ratio
₹862.20m
Debt
Interest coverage ratio | 1.2x |
Cash | ₹5.10m |
Equity | ₹542.70m |
Total liabilities | ₹1.18b |
Total assets | ₹1.72b |
Recent financial health updates
No updates
Recent updates
Here's Why Rajnandini Metal (NSE:RAJMET) Has Caught The Eye Of Investors
Aug 07Even With A 31% Surge, Cautious Investors Are Not Rewarding Rajnandini Metal Limited's (NSE:RAJMET) Performance Completely
Jul 16We Think You Should Be Aware Of Some Concerning Factors In Rajnandini Metal's (NSE:RAJMET) Earnings
May 21With EPS Growth And More, Rajnandini Metal (NSE:RAJMET) Makes An Interesting Case
Mar 30Rajnandini Metal Limited (NSE:RAJMET) Might Not Be As Mispriced As It Looks After Plunging 26%
Feb 29Rajnandini Metal Limited (NSE:RAJMET) Soars 39% But It's A Story Of Risk Vs Reward
Jan 02A Look At The Fair Value Of Rajnandini Metal Limited (NSE:RAJMET)
Feb 02We Ran A Stock Scan For Earnings Growth And Rajnandini Metal (NSE:RAJMET) Passed With Ease
Jan 05Rajnandini Metal's (NSE:RAJMET) Promising Earnings May Rest On Soft Foundations
May 05I Ran A Stock Scan For Earnings Growth And Rajnandini Metal (NSE:RAJMET) Passed With Ease
Feb 15Is Now The Time To Put Rajnandini Metal (NSE:RAJMET) On Your Watchlist?
Aug 31Can Rajnandini Metal Limited's (NSE:RAJMET) ROE Continue To Surpass The Industry Average?
Jan 31Financial Position Analysis
Short Term Liabilities: RAJMET's short term assets (₹1.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: RAJMET's short term assets (₹1.4B) exceed its long term liabilities (₹82.2M).
Debt to Equity History and Analysis
Debt Level: RAJMET's net debt to equity ratio (157.9%) is considered high.
Reducing Debt: RAJMET's debt to equity ratio has reduced from 208% to 158.9% over the past 5 years.
Debt Coverage: RAJMET's debt is well covered by operating cash flow (25.3%).
Interest Coverage: RAJMET's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 01:47 |
End of Day Share Price | 2024/12/24 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 * |
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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
Rajnandini Metal Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
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