Rossell India Balance Sheet Health
Financial Health criteria checks 3/6
Rossell India has a total shareholder equity of ₹3.0B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are ₹5.7B and ₹2.7B respectively. Rossell India's EBIT is ₹241.8M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹279.3M.
Key information
65.4%
Debt to equity ratio
₹1.94b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹279.32m |
| Equity | ₹2.97b |
| Total liabilities | ₹2.75b |
| Total assets | ₹5.72b |
Recent financial health updates
Is Rossell India (NSE:ROSSELLIND) A Risky Investment?
Sep 20
We Think Rossell India (NSE:ROSSELLIND) Can Stay On Top Of Its Debt
Jul 12Rossell India (NSE:ROSSELLIND) Takes On Some Risk With Its Use Of Debt
Jul 13Rossell India (NSE:ROSSELLIND) Takes On Some Risk With Its Use Of Debt
Feb 15Is Rossell India (NSE:ROSSELLIND) Using Too Much Debt?
Jul 13We Think Rossell India (NSE:ROSSELLIND) Is Taking Some Risk With Its Debt
Dec 20
Recent updates
Rossell India Limited's (NSE:ROSSELLIND) 84% Dip In Price Shows Sentiment Is Matching Earnings
Oct 20Is Rossell India (NSE:ROSSELLIND) A Risky Investment?
Sep 20Here's Why Rossell India Limited's (NSE:ROSSELLIND) CEO Compensation Is The Least Of Shareholders' Concerns
Aug 14Rossell India Limited's (NSE:ROSSELLIND) 25% Price Boost Is Out Of Tune With Revenues
Jul 24Returns Are Gaining Momentum At Rossell India (NSE:ROSSELLIND)
Jun 27Optimistic Investors Push Rossell India Limited (NSE:ROSSELLIND) Shares Up 28% But Growth Is Lacking
May 25Investor Optimism Abounds Rossell India Limited (NSE:ROSSELLIND) But Growth Is Lacking
Apr 08Rossell India (NSE:ROSSELLIND) Is Doing The Right Things To Multiply Its Share Price
Sep 02We Think Rossell India (NSE:ROSSELLIND) Can Stay On Top Of Its Debt
Jul 12The Return Trends At Rossell India (NSE:ROSSELLIND) Look Promising
May 13Rossell India's (NSE:ROSSELLIND) Returns On Capital Are Heading Higher
Aug 18Rossell India (NSE:ROSSELLIND) Takes On Some Risk With Its Use Of Debt
Jul 13Returns On Capital Are Showing Encouraging Signs At Rossell India (NSE:ROSSELLIND)
Mar 09Rossell India (NSE:ROSSELLIND) Takes On Some Risk With Its Use Of Debt
Feb 15Rossell India (NSE:ROSSELLIND) Is Looking To Continue Growing Its Returns On Capital
Oct 07Is Rossell India (NSE:ROSSELLIND) Using Too Much Debt?
Jul 13The 23% Return On Capital At Rossell India (NSE:ROSSELLIND) Got Our Attention
Mar 11Investors Continue Waiting On Sidelines For Rossell India Limited (NSE:ROSSELLIND)
Feb 18Rossell India Limited's (NSE:ROSSELLIND) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Jan 31Does Rossell India's (NSE:ROSSELLIND) Share Price Gain of 68% Match Its Business Performance?
Jan 10We Think Rossell India (NSE:ROSSELLIND) Is Taking Some Risk With Its Debt
Dec 20A Look At The Intrinsic Value Of Rossell India Limited (NSE:ROSSELLIND)
Nov 29Is Rossell India Limited (NSE:ROSSELLIND) A High Quality Stock To Own?
Nov 02If You Had Bought Rossell India (NSE:ROSSELLIND) Stock A Year Ago, You Could Pocket A 163% Gain Today
Sep 28Rossell India (NSE:ROSSELLIND) Is Very Good At Capital Allocation
Aug 31Does Rossell India's (NSE:ROSSELLIND) Statutory Profit Adequately Reflect Its Underlying Profit?
Aug 03Financial Position Analysis
Short Term Liabilities: ROSSELLIND's short term assets (₹2.9B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: ROSSELLIND's short term assets (₹2.9B) exceed its long term liabilities (₹86.5M).
Debt to Equity History and Analysis
Debt Level: ROSSELLIND's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: ROSSELLIND's debt to equity ratio has reduced from 77% to 65.4% over the past 5 years.
Debt Coverage: ROSSELLIND's debt is not well covered by operating cash flow (3%).
Interest Coverage: ROSSELLIND's interest payments on its debt are not well covered by EBIT (1.7x coverage).