Rajratan Global Wire Balance Sheet Health
Financial Health criteria checks 4/6
Rajratan Global Wire has a total shareholder equity of ₹5.4B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are ₹10.0B and ₹4.6B respectively. Rajratan Global Wire's EBIT is ₹1.2B making its interest coverage ratio 6.4. It has cash and short-term investments of ₹23.0M.
Key information
58.2%
Debt to equity ratio
₹3.14b
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₹23.00m |
| Equity | ₹5.40b |
| Total liabilities | ₹4.57b |
| Total assets | ₹9.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517522's short term assets (₹3.9B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: 517522's short term assets (₹3.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 517522's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: 517522's debt to equity ratio has reduced from 110.4% to 58.2% over the past 5 years.
Debt Coverage: 517522's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 517522's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:43 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rajratan Global Wire Limited is covered by 5 analysts. 4 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 |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Sailesh Raja | Batlivala & Karani Securities India Pvt. Ltd. |
| null null | East India Securities Ltd |