Shree Rama Multi-Tech Balance Sheet Health
Financial Health criteria checks 6/6
Shree Rama Multi-Tech has a total shareholder equity of ₹1.1B and total debt of ₹264.3M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are ₹1.6B and ₹505.5M respectively. Shree Rama Multi-Tech's EBIT is ₹144.6M making its interest coverage ratio -159.9. It has cash and short-term investments of ₹42.2M.
Key information
23.5%
Debt to equity ratio
₹264.30m
Debt
| Interest coverage ratio | -159.9x |
| Cash | ₹42.20m |
| Equity | ₹1.12b |
| Total liabilities | ₹505.49m |
| Total assets | ₹1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532310's short term assets (₹800.4M) exceed its short term liabilities (₹263.1M).
Long Term Liabilities: 532310's short term assets (₹800.4M) exceed its long term liabilities (₹242.4M).
Debt to Equity History and Analysis
Debt Level: 532310's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 532310's debt to equity ratio has reduced from 457.7% to 23.5% over the past 5 years.
Debt Coverage: 532310's debt is well covered by operating cash flow (100.4%).
Interest Coverage: 532310 earns more interest than it pays, so coverage of interest payments is not a concern.