Shree Rama Multi-Tech Balance Sheet Health
Financial Health criteria checks 6/6
Shree Rama Multi-Tech has a total shareholder equity of ₹972.6M and total debt of ₹113.9M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ₹1.3B and ₹293.8M respectively. Shree Rama Multi-Tech's EBIT is ₹114.2M making its interest coverage ratio 12.5. It has cash and short-term investments of ₹7.8M.
Key information
11.7%
Debt to equity ratio
₹113.87m
Debt
Interest coverage ratio | 12.5x |
Cash | ₹7.78m |
Equity | ₹972.58m |
Total liabilities | ₹293.76m |
Total assets | ₹1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532310's short term assets (₹699.3M) exceed its short term liabilities (₹203.1M).
Long Term Liabilities: 532310's short term assets (₹699.3M) exceed its long term liabilities (₹90.6M).
Debt to Equity History and Analysis
Debt Level: 532310's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 532310's debt to equity ratio has reduced from 2217.8% to 11.7% over the past 5 years.
Debt Coverage: 532310's debt is well covered by operating cash flow (204%).
Interest Coverage: 532310's interest payments on its debt are well covered by EBIT (12.5x coverage).