Raj Oil Mills Balance Sheet Health
Financial Health criteria checks 0/6
Raj Oil Mills has a total shareholder equity of ₹-64.1M and total debt of ₹330.1M, which brings its debt-to-equity ratio to -515%. Its total assets and total liabilities are ₹460.4M and ₹524.5M respectively. Raj Oil Mills's EBIT is ₹2.0M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹2.7M.
Key information
-515.0%
Debt to equity ratio
₹330.07m
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₹2.68m |
| Equity | -₹64.09m |
| Total liabilities | ₹524.51m |
| Total assets | ₹460.42m |
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.
Debt Coverage: 533093's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: 533093's interest payments on its debt are not well covered by EBIT (0.3x coverage).