Rajapalayam Mills Balance Sheet Health
Financial Health criteria checks 0/6
Rajapalayam Mills has a total shareholder equity of ₹22.9B and total debt of ₹10.6B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are ₹34.9B and ₹12.0B respectively. Rajapalayam Mills's EBIT is ₹126.2M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹73.4M.
Key information
46.4%
Debt to equity ratio
₹10.61b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹73.40m |
| Equity | ₹22.88b |
| Total liabilities | ₹11.99b |
| Total assets | ₹34.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532503's short term assets (₹5.7B) do not cover its short term liabilities (₹6.3B).
Long Term Liabilities: 532503's short term assets (₹5.7B) do not cover its long term liabilities (₹5.7B).
Debt to Equity History and Analysis
Debt Level: 532503's net debt to equity ratio (46%) is considered high.
Reducing Debt: 532503's debt to equity ratio has increased from 30.9% to 46.4% over the past 5 years.
Debt Coverage: 532503's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 532503's interest payments on its debt are not well covered by EBIT (0.2x coverage).