Rana Sugars Balance Sheet Health
Financial Health criteria checks 6/6
Rana Sugars has a total shareholder equity of ₹5.1B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₹11.1B and ₹6.0B respectively. Rana Sugars's EBIT is ₹702.8M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹174.8M.
Key information
36.5%
Debt to equity ratio
₹1.87b
Debt
Interest coverage ratio | 3.9x |
Cash | ₹174.85m |
Equity | ₹5.13b |
Total liabilities | ₹5.98b |
Total assets | ₹11.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507490's short term assets (₹5.0B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: 507490's short term assets (₹5.0B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 507490's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 507490 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 507490's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 507490's interest payments on its debt are well covered by EBIT (3.9x coverage).