Rajratan Global Wire Balance Sheet Health
Financial Health criteria checks 6/6
Rajratan Global Wire has a total shareholder equity of ₹4.9B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are ₹8.3B and ₹3.3B respectively. Rajratan Global Wire's EBIT is ₹1.1B making its interest coverage ratio 5.6. It has cash and short-term investments of ₹150.9M.
Key information
38.7%
Debt to equity ratio
₹1.91b
Debt
Interest coverage ratio | 5.6x |
Cash | ₹150.90m |
Equity | ₹4.93b |
Total liabilities | ₹3.34b |
Total assets | ₹8.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517522's short term assets (₹2.7B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 517522's short term assets (₹2.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 517522's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 517522's debt to equity ratio has reduced from 96.4% to 38.7% over the past 5 years.
Debt Coverage: 517522's debt is well covered by operating cash flow (55.4%).
Interest Coverage: 517522's interest payments on its debt are well covered by EBIT (5.6x coverage).