Raghuvir Synthetics Balance Sheet Health
Financial Health criteria checks 3/6
Raghuvir Synthetics has a total shareholder equity of ₹308.2M and total debt of ₹344.4M, which brings its debt-to-equity ratio to 111.8%. Its total assets and total liabilities are ₹1.3B and ₹1.0B respectively. Raghuvir Synthetics's EBIT is ₹123.9M making its interest coverage ratio 4. It has cash and short-term investments of ₹23.6M.
Key information
111.8%
Debt to equity ratio
₹344.44m
Debt
| Interest coverage ratio | 4x |
| Cash | ₹23.57m |
| Equity | ₹308.18m |
| Total liabilities | ₹1.01b |
| Total assets | ₹1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514316's short term assets (₹589.3M) do not cover its short term liabilities (₹683.9M).
Long Term Liabilities: 514316's short term assets (₹589.3M) exceed its long term liabilities (₹330.4M).
Debt to Equity History and Analysis
Debt Level: 514316's net debt to equity ratio (104.1%) is considered high.
Reducing Debt: 514316's debt to equity ratio has increased from 56.5% to 111.8% over the past 5 years.
Debt Coverage: 514316's debt is well covered by operating cash flow (33.4%).
Interest Coverage: 514316's interest payments on its debt are well covered by EBIT (4x coverage).