Raj Oil Mills Limited

BSE:533093 Stock Report

Market Cap: ₹746.1m

Raj Oil Mills Balance Sheet Health

Financial Health criteria checks 0/6

Raj Oil Mills has a total shareholder equity of ₹-48.9M and total debt of ₹300.4M, which brings its debt-to-equity ratio to -614.1%. Its total assets and total liabilities are ₹422.9M and ₹471.8M respectively. Raj Oil Mills's EBIT is ₹15.1M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹4.2M.

Key information

-614.1%

Debt to equity ratio

₹300.35m

Debt

Interest coverage ratio1.6x
Cash₹4.21m
Equity-₹48.91m
Total liabilities₹471.78m
Total assets₹422.87m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 533093 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 533093 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 533093 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 533093's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 533093's debt is not well covered by operating cash flow (9.3%).

Interest Coverage: 533093's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


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