Ramky Infrastructure Balance Sheet Health
Financial Health criteria checks 6/6
Ramky Infrastructure has a total shareholder equity of ₹20.1B and total debt of ₹6.8B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are ₹44.2B and ₹24.0B respectively. Ramky Infrastructure's EBIT is ₹3.7B making its interest coverage ratio -20.4. It has cash and short-term investments of ₹1.9B.
Key information
34.0%
Debt to equity ratio
₹6.84b
Debt
| Interest coverage ratio | -20.4x |
| Cash | ₹1.93b |
| Equity | ₹20.14b |
| Total liabilities | ₹24.04b |
| Total assets | ₹44.18b |
Recent financial health updates
Is Ramky Infrastructure (NSE:RAMKY) Using Too Much Debt?
Jul 18
Does Ramky Infrastructure (NSE:RAMKY) Have A Healthy Balance Sheet?
Dec 22Ramky Infrastructure (NSE:RAMKY) Has A Somewhat Strained Balance Sheet
Jun 17Ramky Infrastructure (NSE:RAMKY) Takes On Some Risk With Its Use Of Debt
Nov 07Is Ramky Infrastructure (NSE:RAMKY) A Risky Investment?
Jul 12Does Ramky Infrastructure (NSE:RAMKY) Have A Healthy Balance Sheet?
Feb 21Recent updates
Ramky Infrastructure Limited's (NSE:RAMKY) Shares Not Telling The Full Story
Nov 14Even With A 25% Surge, Cautious Investors Are Not Rewarding Ramky Infrastructure Limited's (NSE:RAMKY) Performance Completely
Jun 21The Market Lifts Ramky Infrastructure Limited (NSE:RAMKY) Shares 30% But It Can Do More
Apr 12Investors Give Ramky Infrastructure Limited (NSE:RAMKY) Shares A 25% Hiding
Feb 13Does Ramky Infrastructure (NSE:RAMKY) Deserve A Spot On Your Watchlist?
Feb 12Should You Be Adding Ramky Infrastructure (NSE:RAMKY) To Your Watchlist Today?
Nov 11Is Ramky Infrastructure (NSE:RAMKY) Using Too Much Debt?
Jul 18Does Ramky Infrastructure (NSE:RAMKY) Have A Healthy Balance Sheet?
Dec 22Ramky Infrastructure Limited's (NSE:RAMKY) Popularity With Investors Is Under Threat From Overpricing
Aug 05Ramky Infrastructure (NSE:RAMKY) Has A Somewhat Strained Balance Sheet
Jun 17Ramky Infrastructure (NSE:RAMKY) Takes On Some Risk With Its Use Of Debt
Nov 07Is Ramky Infrastructure (NSE:RAMKY) A Risky Investment?
Jul 12There Are Some Reasons To Suggest That Ramky Infrastructure's (NSE:RAMKY) Earnings A Poor Reflection Of Profitability
Jun 21Does Ramky Infrastructure (NSE:RAMKY) Have A Healthy Balance Sheet?
Feb 21Ramky Infrastructure's (NSE:RAMKY) Shareholders Are Down 75% On Their Shares
Dec 29Is Ramky Infrastructure (NSE:RAMKY) Using Debt Sensibly?
Sep 29Financial Position Analysis
Short Term Liabilities: RAMKY's short term assets (₹23.2B) exceed its short term liabilities (₹18.9B).
Long Term Liabilities: RAMKY's short term assets (₹23.2B) exceed its long term liabilities (₹5.2B).
Debt to Equity History and Analysis
Debt Level: RAMKY's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: RAMKY's debt to equity ratio has reduced from 388.3% to 34% over the past 5 years.
Debt Coverage: RAMKY's debt is well covered by operating cash flow (79.8%).
Interest Coverage: RAMKY earns more interest than it pays, so coverage of interest payments is not a concern.