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 ₹618.0M and total debt of ₹91.9M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ₹971.6M and ₹353.6M respectively. R M Drip and Sprinklers Systems's EBIT is ₹122.3M making its interest coverage ratio 31.3. It has cash and short-term investments of ₹1.1M.
Key information
14.9%
Debt to equity ratio
₹91.90m
Debt
| Interest coverage ratio | 31.3x |
| Cash | ₹1.10m |
| Equity | ₹618.03m |
| Total liabilities | ₹353.62m |
| Total assets | ₹971.65m |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over R M Drip and Sprinklers Systems Limited's (NSE:RMDRIP) Massive 30% Price Jump
Nov 18
Does R M Drip and Sprinklers Systems (NSE:RMDRIP) Deserve A Spot On Your Watchlist?
Oct 25Calculating 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 04
Financial Position Analysis
Short Term Liabilities: RMDRIP's short term assets (₹811.9M) exceed its short term liabilities (₹291.5M).
Long Term Liabilities: RMDRIP's short term assets (₹811.9M) exceed its long term liabilities (₹62.1M).
Debt to Equity History and Analysis
Debt Level: RMDRIP's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: RMDRIP's debt to equity ratio has reduced from 88.2% to 14.9% 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 (31.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:10 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
R M Drip and Sprinklers Systems 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.
| Analyst | Institution |
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