RR Metalmakers India Balance Sheet Health
Financial Health criteria checks 3/6
RR Metalmakers India has a total shareholder equity of ₹82.0M and total debt of ₹97.1M, which brings its debt-to-equity ratio to 118.4%. Its total assets and total liabilities are ₹449.6M and ₹367.7M respectively. RR Metalmakers India's EBIT is ₹50.3M making its interest coverage ratio 2. It has cash and short-term investments of ₹59.5M.
Key information
118.4%
Debt to equity ratio
₹97.08m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹59.54m |
| Equity | ₹81.99m |
| Total liabilities | ₹367.65m |
| Total assets | ₹449.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531667's short term assets (₹262.1M) do not cover its short term liabilities (₹335.5M).
Long Term Liabilities: 531667's short term assets (₹262.1M) exceed its long term liabilities (₹32.1M).
Debt to Equity History and Analysis
Debt Level: 531667's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: 531667's debt to equity ratio has reduced from 629.6% to 118.4% over the past 5 years.
Debt Coverage: 531667's debt is well covered by operating cash flow (113.5%).
Interest Coverage: 531667's interest payments on its debt are not well covered by EBIT (2x coverage).