Raaj Medisafe India Balance Sheet Health
Financial Health criteria checks 4/6
Raaj Medisafe India has a total shareholder equity of ₹108.4M and total debt of ₹259.3M, which brings its debt-to-equity ratio to 239.2%. Its total assets and total liabilities are ₹415.1M and ₹306.7M respectively. Raaj Medisafe India's EBIT is ₹62.8M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹454.0K.
Key information
239.2%
Debt to equity ratio
₹259.26m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹454.00k |
| Equity | ₹108.37m |
| Total liabilities | ₹306.75m |
| Total assets | ₹415.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524502's short term assets (₹187.2M) exceed its short term liabilities (₹161.1M).
Long Term Liabilities: 524502's short term assets (₹187.2M) exceed its long term liabilities (₹145.7M).
Debt to Equity History and Analysis
Debt Level: 524502's net debt to equity ratio (238.8%) is considered high.
Reducing Debt: 524502 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 524502's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 524502's interest payments on its debt are well covered by EBIT (4.1x coverage).