Rana Sugars Balance Sheet Health
Financial Health criteria checks 6/6
Rana Sugars has a total shareholder equity of ₹5.1B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₹11.1B and ₹6.0B respectively. Rana Sugars's EBIT is ₹702.8M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹174.8M.
Key information
36.5%
Debt to equity ratio
₹1.87b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹174.85m |
| Equity | ₹5.13b |
| Total liabilities | ₹5.98b |
| Total assets | ₹11.11b |
Recent financial health updates
Is Rana Sugars (NSE:RANASUG) A Risky Investment?
Mar 14
Is Rana Sugars (NSE:RANASUG) Using Too Much Debt?
Sep 05These 4 Measures Indicate That Rana Sugars (NSE:RANASUG) Is Using Debt Extensively
Dec 17Rana Sugars (NSE:RANASUG) Seems To Use Debt Quite Sensibly
Jun 14Rana Sugars (NSE:RANASUG) Has A Pretty Healthy Balance Sheet
Mar 09These 4 Measures Indicate That Rana Sugars (NSE:RANASUG) Is Using Debt Reasonably Well
Nov 17Recent updates
Is Rana Sugars (NSE:RANASUG) A Risky Investment?
Mar 14Is Rana Sugars (NSE:RANASUG) Using Too Much Debt?
Sep 05These 4 Measures Indicate That Rana Sugars (NSE:RANASUG) Is Using Debt Extensively
Dec 17Rana Sugars (NSE:RANASUG) Seems To Use Debt Quite Sensibly
Jun 14Investors Should Be Encouraged By Rana Sugars' (NSE:RANASUG) Returns On Capital
May 12Rana Sugars (NSE:RANASUG) Has A Pretty Healthy Balance Sheet
Mar 09Rana Sugars (NSE:RANASUG) Is Aiming To Keep Up Its Impressive Returns
Feb 08These 4 Measures Indicate That Rana Sugars (NSE:RANASUG) Is Using Debt Reasonably Well
Nov 17Here's Why Rana Sugars (NSE:RANASUG) Can Manage Its Debt Responsibly
Jul 20Rana Sugars Limited (NSE:RANASUG) Stock Catapults 53% Though Its Price And Business Still Lag The Market
Jun 23Rana Sugars (NSE:RANASUG) Shareholders Will Want The ROCE Trajectory To Continue
May 26We Think Rana Sugars (NSE:RANASUG) Is Taking Some Risk With Its Debt
Feb 10Returns On Capital - An Important Metric For Rana Sugars (NSE:RANASUG)
Jan 06
Should You Use Rana Sugars's (NSE:RANASUG) Statutory Earnings To Analyse It?
Dec 02Is Rana Sugars (NSE:RANASUG) A Future Multi-bagger?
Sep 28Does Rana Sugars (NSE:RANASUG) Have A Healthy Balance Sheet?
Aug 03Financial Position Analysis
Short Term Liabilities: RANASUG's short term assets (₹5.0B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: RANASUG's short term assets (₹5.0B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: RANASUG's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: RANASUG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RANASUG's debt is well covered by operating cash flow (25.7%).
Interest Coverage: RANASUG's interest payments on its debt are well covered by EBIT (3.9x coverage).