Raghuvir Synthetics Balance Sheet Health
Financial Health criteria checks 2/6
Raghuvir Synthetics has a total shareholder equity of ₹213.7M and total debt of ₹361.8M, which brings its debt-to-equity ratio to 169.4%. Its total assets and total liabilities are ₹1.1B and ₹858.1M respectively. Raghuvir Synthetics's EBIT is ₹34.2M making its interest coverage ratio 1. It has cash and short-term investments of ₹22.7M.
Key information
169.4%
Debt to equity ratio
₹361.84m
Debt
Interest coverage ratio | 1x |
Cash | ₹22.68m |
Equity | ₹213.66m |
Total liabilities | ₹858.12m |
Total assets | ₹1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514316's short term assets (₹419.5M) do not cover its short term liabilities (₹558.3M).
Long Term Liabilities: 514316's short term assets (₹419.5M) exceed its long term liabilities (₹299.8M).
Debt to Equity History and Analysis
Debt Level: 514316's net debt to equity ratio (158.7%) is considered high.
Reducing Debt: 514316's debt to equity ratio has increased from 71.2% to 169.4% over the past 5 years.
Debt Coverage: 514316's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 514316's interest payments on its debt are not well covered by EBIT (1x coverage).