Raghuvansh Agrofarms Balance Sheet Health
Financial Health criteria checks 4/6
Raghuvansh Agrofarms has a total shareholder equity of ₹758.6M and total debt of ₹141.1M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ₹919.2M and ₹160.7M respectively. Raghuvansh Agrofarms's EBIT is ₹20.8M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹68.3M.
Key information
18.6%
Debt to equity ratio
₹141.08m
Debt
Interest coverage ratio | 3.4x |
Cash | ₹68.26m |
Equity | ₹758.56m |
Total liabilities | ₹160.68m |
Total assets | ₹919.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538921's short term assets (₹729.0M) exceed its short term liabilities (₹45.3M).
Long Term Liabilities: 538921's short term assets (₹729.0M) exceed its long term liabilities (₹115.4M).
Debt to Equity History and Analysis
Debt Level: 538921's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 538921's debt to equity ratio has increased from 0.5% to 18.6% over the past 5 years.
Debt Coverage: 538921's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538921's interest payments on its debt are well covered by EBIT (3.4x coverage).