Rajgor Castor Derivatives Balance Sheet Health
Financial Health criteria checks 3/6
Rajgor Castor Derivatives has a total shareholder equity of ₹268.8M and total debt of ₹504.9M, which brings its debt-to-equity ratio to 187.8%. Its total assets and total liabilities are ₹1.0B and ₹778.3M respectively. Rajgor Castor Derivatives's EBIT is ₹189.3M making its interest coverage ratio 5.4. It has cash and short-term investments of ₹21.2M.
Key information
187.8%
Debt to equity ratio
₹504.89m
Debt
Interest coverage ratio | 5.4x |
Cash | ₹21.18m |
Equity | ₹268.80m |
Total liabilities | ₹778.25m |
Total assets | ₹1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCDL's short term assets (₹838.2M) exceed its short term liabilities (₹728.4M).
Long Term Liabilities: RCDL's short term assets (₹838.2M) exceed its long term liabilities (₹49.9M).
Debt to Equity History and Analysis
Debt Level: RCDL's net debt to equity ratio (179.9%) is considered high.
Reducing Debt: Insufficient data to determine if RCDL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RCDL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RCDL's interest payments on its debt are well covered by EBIT (5.4x coverage).