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).