Rajshree Sugars and Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Rajshree Sugars and Chemicals has a total shareholder equity of ₹2.8B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 142.9%. Its total assets and total liabilities are ₹7.7B and ₹4.9B respectively. Rajshree Sugars and Chemicals's EBIT is ₹641.1M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹19.5M.
Key information
142.9%
Debt to equity ratio
₹3.96b
Debt
Interest coverage ratio | 4.2x |
Cash | ₹19.50m |
Equity | ₹2.77b |
Total liabilities | ₹4.94b |
Total assets | ₹7.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500354's short term assets (₹1.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 500354's short term assets (₹1.6B) do not cover its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: 500354's net debt to equity ratio (142.1%) is considered high.
Reducing Debt: 500354's debt to equity ratio has reduced from 406.6% to 142.9% over the past 5 years.
Debt Coverage: 500354's debt is not well covered by operating cash flow (5%).
Interest Coverage: 500354's interest payments on its debt are well covered by EBIT (4.2x coverage).