RKEC Projects Balance Sheet Health
Financial Health criteria checks 3/6
RKEC Projects has a total shareholder equity of ₹1.6B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are ₹4.5B and ₹2.9B respectively. RKEC Projects's EBIT is ₹561.1M making its interest coverage ratio 4. It has cash and short-term investments of ₹342.9M.
Key information
89.4%
Debt to equity ratio
₹1.46b
Debt
| Interest coverage ratio | 4x |
| Cash | ₹342.92m |
| Equity | ₹1.63b |
| Total liabilities | ₹2.88b |
| Total assets | ₹4.51b |
Recent financial health updates
RKEC Projects (NSE:RKEC) Has A Somewhat Strained Balance Sheet
Mar 22
Is RKEC Projects (NSE:RKEC) A Risky Investment?
Apr 14Is RKEC Projects (NSE:RKEC) Using Too Much Debt?
Jan 07RKEC Projects (NSE:RKEC) Has A Somewhat Strained Balance Sheet
May 13Here's Why RKEC Projects (NSE:RKEC) Has A Meaningful Debt Burden
Dec 31Recent updates
RKEC Projects (NSE:RKEC) Has A Somewhat Strained Balance Sheet
Mar 22We Like RKEC Projects' (NSE:RKEC) Earnings For More Than Just Statutory Profit
Feb 22RKEC Projects Limited's (NSE:RKEC) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Feb 03The Returns On Capital At RKEC Projects (NSE:RKEC) Don't Inspire Confidence
Aug 30There Are Reasons To Feel Uneasy About RKEC Projects' (NSE:RKEC) Returns On Capital
May 31Is RKEC Projects (NSE:RKEC) A Risky Investment?
Apr 14RKEC Projects (NSE:RKEC) Might Be Having Difficulty Using Its Capital Effectively
Feb 07Is RKEC Projects (NSE:RKEC) Using Too Much Debt?
Jan 07Estimating The Fair Value Of RKEC Projects Limited (NSE:RKEC)
Dec 01RKEC Projects (NSE:RKEC) Has A Somewhat Strained Balance Sheet
May 13Returns On Capital At RKEC Projects (NSE:RKEC) Paint A Concerning Picture
Feb 08Here's Why RKEC Projects (NSE:RKEC) Has A Meaningful Debt Burden
Dec 31RKEC Projects (NSE:RKEC) May Have Issues Allocating Its Capital
Aug 11Here's Why We Think RKEC Projects (NSE:RKEC) Is Well Worth Watching
Jun 08The Trend Of High Returns At RKEC Projects (NSE:RKEC) Has Us Very Interested
Apr 16Here's Why I Think RKEC Projects (NSE:RKEC) Is An Interesting Stock
Feb 21RKEC Projects Limited's (NSE:RKEC) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 22RKEC Projects (NSE:RKEC) Is Growing Earnings But Are They A Good Guide?
Nov 29
Financial Position Analysis
Short Term Liabilities: RKEC's short term assets (₹3.8B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: RKEC's short term assets (₹3.8B) exceed its long term liabilities (₹423.5M).
Debt to Equity History and Analysis
Debt Level: RKEC's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: RKEC's debt to equity ratio has increased from 52.6% to 89.4% over the past 5 years.
Debt Coverage: RKEC's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: RKEC's interest payments on its debt are well covered by EBIT (4x coverage).