Shree Rajiv Lochan Oil Extraction Balance Sheet Health
Financial Health criteria checks 3/6
Shree Rajiv Lochan Oil Extraction has a total shareholder equity of ₹48.6M and total debt of ₹3.5M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ₹52.6M and ₹4.5M respectively.
Key information
7.2%
Debt to equity ratio
₹3.49m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹24.00k |
| Equity | ₹48.61m |
| Total liabilities | ₹4.47m |
| Total assets | ₹52.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530295's short term assets (₹39.3M) exceed its short term liabilities (₹486.8K).
Long Term Liabilities: 530295's short term assets (₹39.3M) exceed its long term liabilities (₹4.0M).
Debt to Equity History and Analysis
Debt Level: 530295's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 530295's debt to equity ratio has increased from 0% to 7.2% over the past 5 years.
Debt Coverage: 530295's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: Insufficient data to determine if 530295's interest payments on its debt are well covered by EBIT.