Rudra Ecovation Balance Sheet Health
Financial Health criteria checks 4/6
Rudra Ecovation has a total shareholder equity of ₹945.4M and total debt of ₹98.7M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ₹1.3B and ₹351.2M respectively. Rudra Ecovation's EBIT is ₹1.2M making its interest coverage ratio 0.1. It has cash and short-term investments of ₹33.9M.
Key information
10.4%
Debt to equity ratio
₹98.75m
Debt
| Interest coverage ratio | 0.09x |
| Cash | ₹33.90m |
| Equity | ₹945.42m |
| Total liabilities | ₹351.17m |
| Total assets | ₹1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514010's short term assets (₹241.6M) do not cover its short term liabilities (₹250.8M).
Long Term Liabilities: 514010's short term assets (₹241.6M) exceed its long term liabilities (₹100.4M).
Debt to Equity History and Analysis
Debt Level: 514010's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 514010's debt to equity ratio has reduced from 67.8% to 10.4% over the past 5 years.
Debt Coverage: 514010's debt is well covered by operating cash flow (156.6%).
Interest Coverage: 514010's interest payments on its debt are not well covered by EBIT (0.1x coverage).