Rama Phosphates Balance Sheet Health
Financial Health criteria checks 3/6
Rama Phosphates has a total shareholder equity of ₹3.5B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are ₹6.3B and ₹2.7B respectively.
Key information
40.6%
Debt to equity ratio
₹1.43b
Debt
Interest coverage ratio | n/a |
Cash | ₹104.91m |
Equity | ₹3.53b |
Total liabilities | ₹2.73b |
Total assets | ₹6.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524037's short term assets (₹4.3B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 524037's short term assets (₹4.3B) exceed its long term liabilities (₹151.9M).
Debt to Equity History and Analysis
Debt Level: 524037's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 524037's debt to equity ratio has increased from 17.8% to 40.6% over the past 5 years.
Debt Coverage: 524037's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 524037's interest payments on its debt are well covered by EBIT.