Ramco Cements Balance Sheet Health
Financial Health criteria checks 1/6
Ramco Cements has a total shareholder equity of ₹70.4B and total debt of ₹50.6B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are ₹156.6B and ₹86.2B respectively. Ramco Cements's EBIT is ₹9.4B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹1.2B.
Key information
71.9%
Debt to equity ratio
₹50.64b
Debt
Interest coverage ratio | 2.7x |
Cash | ₹1.20b |
Equity | ₹70.40b |
Total liabilities | ₹86.16b |
Total assets | ₹156.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500260's short term assets (₹20.2B) do not cover its short term liabilities (₹36.1B).
Long Term Liabilities: 500260's short term assets (₹20.2B) do not cover its long term liabilities (₹50.0B).
Debt to Equity History and Analysis
Debt Level: 500260's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: 500260's debt to equity ratio has increased from 36% to 71.9% over the past 5 years.
Debt Coverage: 500260's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 500260's interest payments on its debt are not well covered by EBIT (2.7x coverage).