Rajkot Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
Rajkot Investment Trust has a total shareholder equity of ₹45.8M and total debt of ₹213.5M, which brings its debt-to-equity ratio to 466.4%. Its total assets and total liabilities are ₹266.3M and ₹220.5M respectively. Rajkot Investment Trust's EBIT is ₹97.0K making its interest coverage ratio -16.2. It has cash and short-term investments of ₹36.1M.
Key information
466.4%
Debt to equity ratio
₹213.50m
Debt
Interest coverage ratio | -16.2x |
Cash | ₹36.10m |
Equity | ₹45.78m |
Total liabilities | ₹220.52m |
Total assets | ₹266.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539495's short term assets (₹260.0M) exceed its short term liabilities (₹7.0M).
Long Term Liabilities: 539495's short term assets (₹260.0M) exceed its long term liabilities (₹213.5M).
Debt to Equity History and Analysis
Debt Level: 539495's net debt to equity ratio (387.5%) is considered high.
Reducing Debt: 539495's debt to equity ratio has increased from 30.7% to 466.4% over the past 5 years.
Debt Coverage: 539495's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 539495 earns more interest than it pays, so coverage of interest payments is not a concern.