RR Metalmakers India Balance Sheet Health
Financial Health criteria checks 1/6
RR Metalmakers India has a total shareholder equity of ₹65.6M and total debt of ₹215.6M, which brings its debt-to-equity ratio to 328.7%. Its total assets and total liabilities are ₹438.0M and ₹372.4M respectively. RR Metalmakers India's EBIT is ₹61.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹20.4M.
Key information
328.7%
Debt to equity ratio
₹215.63m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹20.42m |
Equity | ₹65.60m |
Total liabilities | ₹372.39m |
Total assets | ₹437.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531667's short term assets (₹354.1M) do not cover its short term liabilities (₹360.5M).
Long Term Liabilities: 531667's short term assets (₹354.1M) exceed its long term liabilities (₹11.9M).
Debt to Equity History and Analysis
Debt Level: 531667's net debt to equity ratio (297.6%) is considered high.
Reducing Debt: 531667's debt to equity ratio has increased from 135.9% to 328.7% over the past 5 years.
Debt Coverage: 531667's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 531667's interest payments on its debt are not well covered by EBIT (1.9x coverage).