R M Drip and Sprinklers Systems Balance Sheet Health
Financial Health criteria checks 5/6
R M Drip and Sprinklers Systems has a total shareholder equity of ₹248.7M and total debt of ₹78.1M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are ₹375.8M and ₹127.2M respectively. R M Drip and Sprinklers Systems's EBIT is ₹21.3M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹379.0K.
Key information
31.4%
Debt to equity ratio
₹78.14m
Debt
Interest coverage ratio | 4.1x |
Cash | ₹379.00k |
Equity | ₹248.66m |
Total liabilities | ₹127.16m |
Total assets | ₹375.82m |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of R M Drip and Sprinklers Systems Limited (NSE:RMDRIP)
Sep 13Estimating The Intrinsic Value Of R M Drip and Sprinklers Systems Limited (NSE:RMDRIP)
May 31R M Drip and Sprinklers Systems Limited's (NSE:RMDRIP) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Jan 04Financial Position Analysis
Short Term Liabilities: RMDRIP's short term assets (₹296.6M) exceed its short term liabilities (₹96.1M).
Long Term Liabilities: RMDRIP's short term assets (₹296.6M) exceed its long term liabilities (₹31.1M).
Debt to Equity History and Analysis
Debt Level: RMDRIP's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: RMDRIP's debt to equity ratio has reduced from 69.2% to 31.4% over the past 5 years.
Debt Coverage: RMDRIP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RMDRIP's interest payments on its debt are well covered by EBIT (4.1x coverage).