Ramkrishna Forgings Financial Health
How is Ramkrishna Forgings's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 532527's short term assets (₹18.1B) exceed its short term liabilities (₹14.2B).
Long Term Liabilities: 532527's short term assets (₹18.1B) exceed its long term liabilities (₹9.8B).
Debt to Equity History and Analysis
Debt Level: 532527's net debt to equity ratio (141.4%) is considered high.
Reducing Debt: 532527's debt to equity ratio has reduced from 171.5% to 150.1% over the past 5 years.
Debt Coverage: 532527's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 532527's interest payments on its debt are well covered by EBIT (3.9x coverage).