Ruby Mills Balance Sheet Health
Financial Health criteria checks 5/6
Ruby Mills has a total shareholder equity of ₹6.1B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are ₹8.8B and ₹2.8B respectively. Ruby Mills's EBIT is ₹417.3M making its interest coverage ratio -8. It has cash and short-term investments of ₹1.7B.
Key information
34.2%
Debt to equity ratio
₹2.07b
Debt
| Interest coverage ratio | -8x |
| Cash | ₹1.69b |
| Equity | ₹6.06b |
| Total liabilities | ₹2.78b |
| Total assets | ₹8.84b |
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
Investors Will Want Ruby Mills' (NSE:RUBYMILLS) Growth In ROCE To Persist
Nov 14Here's Why We Think Ruby Mills (NSE:RUBYMILLS) Might Deserve Your Attention Today
Oct 23Increases to CEO Compensation Might Be Put On Hold For Now at The Ruby Mills Limited (NSE:RUBYMILLS)
Sep 14The Ruby Mills Limited's (NSE:RUBYMILLS) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Aug 28The Return Trends At Ruby Mills (NSE:RUBYMILLS) Look Promising
Aug 03Improved Earnings Required Before The Ruby Mills Limited (NSE:RUBYMILLS) Stock's 26% Jump Looks Justified
Jul 05Returns 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 (₹2.8B) exceed its short term liabilities (₹864.6M).
Long Term Liabilities: RUBYMILLS's short term assets (₹2.8B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: RUBYMILLS's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: RUBYMILLS's debt to equity ratio has reduced from 81.4% to 34.2% over the past 5 years.
Debt Coverage: RUBYMILLS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RUBYMILLS earns more interest than it pays, so coverage of interest payments is not a concern.