Rana Sugars Balance Sheet Health
Financial Health criteria checks 3/6
Rana Sugars has a total shareholder equity of ₹5.4B and total debt of ₹4.1B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are ₹15.0B and ₹9.6B respectively. Rana Sugars's EBIT is ₹326.5M making its interest coverage ratio 1. It has cash and short-term investments of ₹317.9M.
Key information
76.7%
Debt to equity ratio
₹4.15b
Debt
| Interest coverage ratio | 1x |
| Cash | ₹317.93m |
| Equity | ₹5.40b |
| Total liabilities | ₹9.63b |
| Total assets | ₹15.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507490's short term assets (₹8.6B) exceed its short term liabilities (₹8.1B).
Long Term Liabilities: 507490's short term assets (₹8.6B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 507490's net debt to equity ratio (70.8%) is considered high.
Reducing Debt: 507490 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 507490's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 507490's interest payments on its debt are not well covered by EBIT (1x coverage).