Rolex Rings Limited

NSEI:ROLEXRINGS Stock Report

Market Cap: ₹53.5b

Rolex Rings Balance Sheet Health

Financial Health criteria checks 6/6

Rolex Rings has a total shareholder equity of ₹10.0B and total debt of ₹213.3M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹12.3B and ₹2.3B respectively. Rolex Rings's EBIT is ₹2.2B making its interest coverage ratio -97.7. It has cash and short-term investments of ₹2.5B.

Key information

2.1%

Debt to equity ratio

₹213.32m

Debt

Interest coverage ratio-97.7x
Cash₹2.46b
Equity₹9.97b
Total liabilities₹2.33b
Total assets₹12.30b

Recent financial health updates

Here's Why Rolex Rings (NSE:ROLEXRINGS) Can Manage Its Debt Responsibly

Jul 20
Here's Why Rolex Rings (NSE:ROLEXRINGS) Can Manage Its Debt Responsibly

Recent updates

Investors Interested In Rolex Rings Limited's (NSE:ROLEXRINGS) Earnings

Sep 28
Investors Interested In Rolex Rings Limited's (NSE:ROLEXRINGS) Earnings

This Is Why We Think Rolex Rings Limited's (NSE:ROLEXRINGS) CEO Might Get A Pay Rise Approved By Shareholders

Aug 30
This Is Why We Think Rolex Rings Limited's (NSE:ROLEXRINGS) CEO Might Get A Pay Rise Approved By Shareholders

Investors Could Be Concerned With Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Aug 10
Investors Could Be Concerned With Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Here's Why Rolex Rings (NSE:ROLEXRINGS) Can Manage Its Debt Responsibly

Jul 20
Here's Why Rolex Rings (NSE:ROLEXRINGS) Can Manage Its Debt Responsibly

Rolex Rings' (NSE:ROLEXRINGS) Soft Earnings Are Actually Better Than They Appear

May 27
Rolex Rings' (NSE:ROLEXRINGS) Soft Earnings Are Actually Better Than They Appear

Rolex Rings Limited (NSE:ROLEXRINGS) Stocks Shoot Up 37% But Its P/E Still Looks Reasonable

May 22
Rolex Rings Limited (NSE:ROLEXRINGS) Stocks Shoot Up 37% But Its P/E Still Looks Reasonable

Capital Allocation Trends At Rolex Rings (NSE:ROLEXRINGS) Aren't Ideal

Mar 14
Capital Allocation Trends At Rolex Rings (NSE:ROLEXRINGS) Aren't Ideal

Rolex Rings (NSE:ROLEXRINGS) Is Reinvesting At Lower Rates Of Return

Dec 05
Rolex Rings (NSE:ROLEXRINGS) Is Reinvesting At Lower Rates Of Return

Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Oct 28
Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Apr 04
Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital Not Reflecting Well On The Business

Feb 17
Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital Not Reflecting Well On The Business

There Are Reasons To Feel Uneasy About Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Sep 14
There Are Reasons To Feel Uneasy About Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Rolex Rings Limited's (NSE:ROLEXRINGS) Business Is Trailing The Market But Its Shares Aren't

Apr 03
Rolex Rings Limited's (NSE:ROLEXRINGS) Business Is Trailing The Market But Its Shares Aren't

We Think That There Are Issues Underlying Rolex Rings' (NSE:ROLEXRINGS) Earnings

Nov 10
We Think That There Are Issues Underlying Rolex Rings' (NSE:ROLEXRINGS) Earnings

Financial Position Analysis

Short Term Liabilities: ROLEXRINGS's short term assets (₹7.3B) exceed its short term liabilities (₹1.7B).

Long Term Liabilities: ROLEXRINGS's short term assets (₹7.3B) exceed its long term liabilities (₹629.7M).

Debt to Equity History and Analysis

Debt Level: ROLEXRINGS has more cash than its total debt.

Reducing Debt: ROLEXRINGS's debt to equity ratio has reduced from 133.2% to 2.1% over the past 5 years.

Debt Coverage: ROLEXRINGS's debt is well covered by operating cash flow (1198.9%).

Interest Coverage: ROLEXRINGS earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y