Rajgor Castor Derivatives Balance Sheet Health
Financial Health criteria checks 3/6
Rajgor Castor Derivatives has a total shareholder equity of ₹742.2M and total debt of ₹474.4M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are ₹1.9B and ₹1.1B respectively. Rajgor Castor Derivatives's EBIT is ₹187.5M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹8.3M.
Key information
63.9%
Debt to equity ratio
₹474.43m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹8.26m |
| Equity | ₹742.20m |
| Total liabilities | ₹1.14b |
| Total assets | ₹1.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RCDL's short term assets (₹1.6B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: RCDL's short term assets (₹1.6B) exceed its long term liabilities (₹40.0M).
Debt to Equity History and Analysis
Debt Level: RCDL's net debt to equity ratio (62.8%) 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 (3.6x coverage).