Ras Resorts and Apart Hotels Balance Sheet Health
Financial Health criteria checks 1/6
Ras Resorts and Apart Hotels has a total shareholder equity of ₹200.6M and total debt of ₹60.8M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ₹324.8M and ₹124.2M respectively. Ras Resorts and Apart Hotels's EBIT is ₹9.3M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹21.7M.
Key information
30.3%
Debt to equity ratio
₹60.77m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹21.66m |
| Equity | ₹200.63m |
| Total liabilities | ₹124.18m |
| Total assets | ₹324.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507966's short term assets (₹42.2M) do not cover its short term liabilities (₹67.1M).
Long Term Liabilities: 507966's short term assets (₹42.2M) do not cover its long term liabilities (₹57.1M).
Debt to Equity History and Analysis
Debt Level: 507966's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 507966's debt to equity ratio has increased from 23.7% to 30.3% over the past 5 years.
Debt Coverage: 507966's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 507966's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 01:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ras Resorts and Apart Hotels Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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