Rajasthan Tube Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Rajasthan Tube Manufacturing has a total shareholder equity of ₹80.8M and total debt of ₹127.6M, which brings its debt-to-equity ratio to 158%. Its total assets and total liabilities are ₹337.7M and ₹257.0M respectively. Rajasthan Tube Manufacturing's EBIT is ₹28.7M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹1.2M.
Key information
158.0%
Debt to equity ratio
₹127.61m
Debt
Interest coverage ratio | 2.1x |
Cash | ₹1.20m |
Equity | ₹80.76m |
Total liabilities | ₹256.96m |
Total assets | ₹337.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530253's short term assets (₹301.1M) exceed its short term liabilities (₹236.7M).
Long Term Liabilities: 530253's short term assets (₹301.1M) exceed its long term liabilities (₹20.3M).
Debt to Equity History and Analysis
Debt Level: 530253's net debt to equity ratio (156.5%) is considered high.
Reducing Debt: 530253's debt to equity ratio has reduced from 211.7% to 158% over the past 5 years.
Debt Coverage: 530253's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 530253's interest payments on its debt are not well covered by EBIT (2.1x coverage).