Raj Packaging Industries Balance Sheet Health
Financial Health criteria checks 3/6
Raj Packaging Industries has a total shareholder equity of ₹130.7M and total debt of ₹56.6M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are ₹212.1M and ₹81.3M respectively.
Key information
43.3%
Debt to equity ratio
₹56.64m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹963.00k |
| Equity | ₹130.72m |
| Total liabilities | ₹81.33m |
| Total assets | ₹212.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530111's short term assets (₹147.1M) exceed its short term liabilities (₹56.7M).
Long Term Liabilities: 530111's short term assets (₹147.1M) exceed its long term liabilities (₹24.6M).
Debt to Equity History and Analysis
Debt Level: 530111's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: 530111's debt to equity ratio has reduced from 89% to 43.3% over the past 5 years.
Debt Coverage: 530111's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530111's interest payments on its debt are well covered by EBIT.