Ramkrishna Forgings Balance Sheet Health
Financial Health criteria checks 5/6
Ramkrishna Forgings has a total shareholder equity of ₹29.4B and total debt of ₹14.0B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are ₹59.6B and ₹30.1B respectively. Ramkrishna Forgings's EBIT is ₹6.3B making its interest coverage ratio 6. It has cash and short-term investments of ₹811.8M.
Key information
47.6%
Debt to equity ratio
₹14.00b
Debt
| Interest coverage ratio | 6x |
| Cash | ₹811.78m |
| Equity | ₹29.42b |
| Total liabilities | ₹30.13b |
| Total assets | ₹59.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532527's short term assets (₹26.1B) exceed its short term liabilities (₹18.9B).
Long Term Liabilities: 532527's short term assets (₹26.1B) exceed its long term liabilities (₹11.2B).
Debt to Equity History and Analysis
Debt Level: 532527's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: 532527's debt to equity ratio has reduced from 96.3% to 47.6% over the past 5 years.
Debt Coverage: 532527's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 532527's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 04:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ramkrishna Forgings Limited is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Mumuksh Mandlesha | Anand Rathi Shares and Stock Brokers Limited |
| null null | Asian Markets Securities Private Limited |