Raj Packaging Industries Balance Sheet Health
Financial Health criteria checks 5/6
Raj Packaging Industries has a total shareholder equity of ₹140.5M and total debt of ₹43.7M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are ₹211.3M and ₹70.8M respectively.
Key information
31.1%
Debt to equity ratio
₹43.74m
Debt
Interest coverage ratio | n/a |
Cash | ₹2.28m |
Equity | ₹140.52m |
Total liabilities | ₹70.76m |
Total assets | ₹211.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530111's short term assets (₹138.2M) exceed its short term liabilities (₹49.8M).
Long Term Liabilities: 530111's short term assets (₹138.2M) exceed its long term liabilities (₹21.0M).
Debt to Equity History and Analysis
Debt Level: 530111's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 530111's debt to equity ratio has reduced from 102% to 31.1% over the past 5 years.
Debt Coverage: 530111's debt is well covered by operating cash flow (52.2%).
Interest Coverage: Insufficient data to determine if 530111's interest payments on its debt are well covered by EBIT.