Shree Rama Newsprint has a total shareholder equity of ₹720.7M and total debt of ₹3.6B, which brings its debt-to-equity ratio to 506.1%. Its total assets and total liabilities are ₹5.9B and ₹5.2B respectively. Shree Rama Newsprint's EBIT is ₹73.6M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹2.3M.
Key information
506.1%
Debt to equity ratio
₹3.65b
Debt
Interest coverage ratio
0.2x
Cash
₹2.34m
Equity
₹720.72m
Total liabilities
₹5.21b
Total assets
₹5.93b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500356's short term assets (₹2.5B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 500356's short term assets (₹2.5B) do not cover its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: 500356's net debt to equity ratio (505.8%) is considered high.
Reducing Debt: 500356's debt to equity ratio has increased from 77.7% to 506.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 500356 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 500356 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.3% per year.