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
Ram Ratna Wires Limited's (NSE:RAMRAT) 32% Price Boost Is Out Of Tune With Earnings
Aug 30
Ram Ratna Wires (NSE:RAMRAT) Ticks All The Boxes When It Comes To Earnings Growth
Jun 12Investors Still Aren't Entirely Convinced By Ram Ratna Wires Limited's (NSE:RAMRAT) Earnings Despite 30% Price Jump
Apr 18Ram Ratna Wires (NSE:RAMRAT) Has Affirmed Its Dividend Of ₹2.50
Aug 31Ram Ratna Wires (NSE:RAMRAT) Will Pay A Dividend Of ₹2.50
Aug 17Ram Ratna Wires (NSE:RAMRAT) Is Due To Pay A Dividend Of ₹2.50
Aug 03Ram Ratna Wires (NSE:RAMRAT) Has Affirmed Its Dividend Of ₹2.50
Jul 03Ram Ratna Wires' (NSE:RAMRAT) Dividend Will Be ₹2.50
May 30Ram Ratna Wires Limited (NSE:RAMRAT) Soars 34% But It's A Story Of Risk Vs Reward
Aug 29Financial Position Analysis
Short Term Liabilities: RAMRAT's short term assets (₹6.4B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: RAMRAT's short term assets (₹6.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: RAMRAT's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: RAMRAT's debt to equity ratio has reduced from 116.7% to 47% over the past 5 years.
Debt Coverage: RAMRAT's debt is well covered by operating cash flow (64.1%).
Interest Coverage: RAMRAT's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 17:08 |
| End of Day Share Price | 2025/01/02 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
Ram Ratna Wires Limited is covered by 2 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.
| Analyst | Institution |
|---|---|
| Vijay Madunala | FirstCall Research |
| Naveed MD. | FirstCall Research |