Rathi Steel And Power Balance Sheet Health
Financial Health criteria checks 2/6
Rathi Steel And Power has a total shareholder equity of ₹-212.9M and total debt of ₹435.5M, which brings its debt-to-equity ratio to -204.6%. Its total assets and total liabilities are ₹2.0B and ₹2.2B respectively. Rathi Steel And Power's EBIT is ₹184.7M making its interest coverage ratio 52.5. It has cash and short-term investments of ₹22.1M.
Key information
-204.6%
Debt to equity ratio
₹435.54m
Debt
| Interest coverage ratio | 52.5x |
| Cash | ₹22.11m |
| Equity | -₹212.88m |
| Total liabilities | ₹2.24b |
| Total assets | ₹2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504903 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 504903 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: 504903 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 504903's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 504903's debt is well covered by operating cash flow (253.8%).
Interest Coverage: 504903's interest payments on its debt are well covered by EBIT (52.5x coverage).