Ramasigns Industries Balance Sheet Health
Financial Health criteria checks 3/6
Ramasigns Industries has a total shareholder equity of ₹163.2M and total debt of ₹106.2M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are ₹487.0M and ₹323.8M respectively.
Key information
65.1%
Debt to equity ratio
₹106.21m
Debt
Interest coverage ratio | n/a |
Cash | ₹9.85m |
Equity | ₹163.24m |
Total liabilities | ₹323.76m |
Total assets | ₹487.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515127's short term assets (₹447.9M) exceed its short term liabilities (₹255.0M).
Long Term Liabilities: 515127's short term assets (₹447.9M) exceed its long term liabilities (₹68.8M).
Debt to Equity History and Analysis
Debt Level: 515127's net debt to equity ratio (59%) is considered high.
Reducing Debt: 515127's debt to equity ratio has increased from 5.2% to 65.1% over the past 5 years.
Debt Coverage: 515127's debt is well covered by operating cash flow (24.3%).
Interest Coverage: Insufficient data to determine if 515127's interest payments on its debt are well covered by EBIT.