Raj Oil Mills Balance Sheet Health
Financial Health criteria checks 0/6
Raj Oil Mills has a total shareholder equity of ₹-51.8M and total debt of ₹309.6M, which brings its debt-to-equity ratio to -597.6%. Its total assets and total liabilities are ₹451.0M and ₹502.8M respectively.
Key information
-597.6%
Debt to equity ratio
₹309.55m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.77m |
| Equity | -₹51.80m |
| Total liabilities | ₹502.82m |
| Total assets | ₹451.03m |
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 (2.4%).
Interest Coverage: Insufficient data to determine if 533093's interest payments on its debt are well covered by EBIT.