Raj Oil Mills Balance Sheet Health
Financial Health criteria checks 0/6
Raj Oil Mills has a total shareholder equity of ₹-48.9M and total debt of ₹300.4M, which brings its debt-to-equity ratio to -614.1%. Its total assets and total liabilities are ₹422.9M and ₹471.8M respectively. Raj Oil Mills's EBIT is ₹15.1M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹4.2M.
Key information
-614.1%
Debt to equity ratio
₹300.35m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹4.21m |
| Equity | -₹48.91m |
| Total liabilities | ₹471.78m |
| Total assets | ₹422.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ROML has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ROML 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: ROML has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ROML's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ROML's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: ROML's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 15:37 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Raj Oil Mills Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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