Ramchandra Leasing and Finance Balance Sheet Health
Financial Health criteria checks 4/6
Ramchandra Leasing and Finance has a total shareholder equity of ₹54.6M and total debt of ₹3.5M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ₹71.1M and ₹16.5M respectively.
Key information
6.3%
Debt to equity ratio
₹3.47m
Debt
Interest coverage ratio | n/a |
Cash | ₹424.00k |
Equity | ₹54.62m |
Total liabilities | ₹16.49m |
Total assets | ₹71.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538540's short term assets (₹71.1M) exceed its short term liabilities (₹1.9M).
Long Term Liabilities: 538540's short term assets (₹71.1M) exceed its long term liabilities (₹14.6M).
Debt to Equity History and Analysis
Debt Level: 538540's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 538540's debt to equity ratio has increased from 0% to 6.3% over the past 5 years.
Debt Coverage: 538540's debt is well covered by operating cash flow (52.8%).
Interest Coverage: Insufficient data to determine if 538540's interest payments on its debt are well covered by EBIT.