Ruby Mills Balance Sheet Health
Financial Health criteria checks 6/6
Ruby Mills has a total shareholder equity of ₹5.7B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are ₹9.7B and ₹3.9B respectively. Ruby Mills's EBIT is ₹421.6M making its interest coverage ratio 23. It has cash and short-term investments of ₹1.2B.
Key information
40.5%
Debt to equity ratio
₹2.32b
Debt
| Interest coverage ratio | 23x |
| Cash | ₹1.18b |
| Equity | ₹5.73b |
| Total liabilities | ₹3.92b |
| Total assets | ₹9.65b |
Recent financial health updates
We Think Ruby Mills (NSE:RUBYMILLS) Can Stay On Top Of Its Debt
Jun 21
Is Ruby Mills (NSE:RUBYMILLS) A Risky Investment?
Aug 11Is Ruby Mills (NSE:RUBYMILLS) A Risky Investment?
Mar 23Does Ruby Mills (NSE:RUBYMILLS) Have A Healthy Balance Sheet?
Dec 23
Recent updates
Returns At Ruby Mills (NSE:RUBYMILLS) Are On The Way Up
Apr 04A Look At The Intrinsic Value Of The Ruby Mills Limited (NSE:RUBYMILLS)
Mar 14Returns At Ruby Mills (NSE:RUBYMILLS) Appear To Be Weighed Down
Aug 09The Returns At Ruby Mills (NSE:RUBYMILLS) Aren't Growing
Apr 08Does Ruby Mills (NSE:RUBYMILLS) Deserve A Spot On Your Watchlist?
Mar 17Ruby Mills (NSE:RUBYMILLS) Is Doing The Right Things To Multiply Its Share Price
Dec 26Here's Why Shareholders May Want To Be Cautious With Increasing The Ruby Mills Limited's (NSE:RUBYMILLS) CEO Pay Packet
Sep 17With EPS Growth And More, Ruby Mills (NSE:RUBYMILLS) Makes An Interesting Case
Aug 03We Think Ruby Mills (NSE:RUBYMILLS) Can Stay On Top Of Its Debt
Jun 21Ruby Mills (NSE:RUBYMILLS) Will Be Hoping To Turn Its Returns On Capital Around
Jun 03Does Ruby Mills (NSE:RUBYMILLS) Deserve A Spot On Your Watchlist?
Apr 06Returns On Capital Signal Tricky Times Ahead For Ruby Mills (NSE:RUBYMILLS)
Feb 27Ruby Mills (NSE:RUBYMILLS) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 23Is Ruby Mills (NSE:RUBYMILLS) A Risky Investment?
Aug 11Ruby Mills (NSE:RUBYMILLS) Has Some Difficulty Using Its Capital Effectively
Jun 11Is Ruby Mills (NSE:RUBYMILLS) A Risky Investment?
Mar 23Are Investors Concerned With What's Going On At Ruby Mills (NSE:RUBYMILLS)?
Jan 13Does Ruby Mills (NSE:RUBYMILLS) Have A Healthy Balance Sheet?
Dec 23How Is Ruby Mills' (NSE:RUBYMILLS) CEO Paid Relative To Peers?
Dec 02Could The Ruby Mills Limited (NSE:RUBYMILLS) Have The Makings Of Another Dividend Aristocrat?
Nov 11Will Ruby Mills (NSE:RUBYMILLS) Multiply In Value Going Forward?
Oct 07Financial Position Analysis
Short Term Liabilities: RUBYMILLS's short term assets (₹3.1B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: RUBYMILLS's short term assets (₹3.1B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: RUBYMILLS's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: RUBYMILLS's debt to equity ratio has reduced from 84.7% to 40.5% over the past 5 years.
Debt Coverage: RUBYMILLS's debt is well covered by operating cash flow (25.4%).
Interest Coverage: RUBYMILLS's interest payments on its debt are well covered by EBIT (23x coverage).