Raaj Medisafe India Limited

BSE:524502 Stock Report

Market Cap: ₹1.3b

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 ratio4.1x
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).


Balance Sheet


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