Raaj Medisafe India Balance Sheet Health
Financial Health criteria checks 4/6
Raaj Medisafe India has a total shareholder equity of ₹224.7M and total debt of ₹281.2M, which brings its debt-to-equity ratio to 125.1%. Its total assets and total liabilities are ₹580.2M and ₹355.5M respectively. Raaj Medisafe India's EBIT is ₹61.0M making its interest coverage ratio 3.8. It has cash and short-term investments of ₹1.6M.
Key information
125.1%
Debt to equity ratio
₹281.22m
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹1.59m |
| Equity | ₹224.73m |
| Total liabilities | ₹355.48m |
| Total assets | ₹580.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524502's short term assets (₹263.5M) exceed its short term liabilities (₹234.2M).
Long Term Liabilities: 524502's short term assets (₹263.5M) exceed its long term liabilities (₹121.3M).
Debt to Equity History and Analysis
Debt Level: 524502's net debt to equity ratio (124.4%) 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 (5.4%).
Interest Coverage: 524502's interest payments on its debt are well covered by EBIT (3.8x coverage).