Rajapalayam Mills Balance Sheet Health
Financial Health criteria checks 0/6
Rajapalayam Mills has a total shareholder equity of ₹23.0B and total debt of ₹10.9B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are ₹35.2B and ₹12.1B respectively. Rajapalayam Mills's EBIT is ₹220.2M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹61.3M.
Key information
47.2%
Debt to equity ratio
₹10.87b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₹61.30m |
| Equity | ₹23.02b |
| Total liabilities | ₹12.15b |
| Total assets | ₹35.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532503's short term assets (₹5.4B) do not cover its short term liabilities (₹6.7B).
Long Term Liabilities: 532503's short term assets (₹5.4B) do not cover its long term liabilities (₹5.5B).
Debt to Equity History and Analysis
Debt Level: 532503's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: 532503's debt to equity ratio has increased from 27.7% to 47.2% over the past 5 years.
Debt Coverage: 532503's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 532503's interest payments on its debt are not well covered by EBIT (0.3x coverage).