Rashtriya Chemicals and Fertilizers Balance Sheet Health
Financial Health criteria checks 5/6
Rashtriya Chemicals and Fertilizers has a total shareholder equity of ₹47.1B and total debt of ₹23.0B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are ₹99.7B and ₹52.7B respectively. Rashtriya Chemicals and Fertilizers's EBIT is ₹4.0B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹22.6B.
Key information
48.8%
Debt to equity ratio
₹22.98b
Debt
Interest coverage ratio | 2.6x |
Cash | ₹22.59b |
Equity | ₹47.07b |
Total liabilities | ₹52.67b |
Total assets | ₹99.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524230's short term assets (₹58.6B) exceed its short term liabilities (₹34.1B).
Long Term Liabilities: 524230's short term assets (₹58.6B) exceed its long term liabilities (₹18.5B).
Debt to Equity History and Analysis
Debt Level: 524230's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 524230's debt to equity ratio has reduced from 97.7% to 48.8% over the past 5 years.
Debt Coverage: 524230's debt is well covered by operating cash flow (155.4%).
Interest Coverage: 524230's interest payments on its debt are not well covered by EBIT (2.6x coverage).