Raw Edge Industrial Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Raw Edge Industrial Solutions has a total shareholder equity of ₹215.3M and total debt of ₹226.4M, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are ₹522.9M and ₹307.6M respectively. Raw Edge Industrial Solutions's EBIT is ₹5.6M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹357.5K.
Key information
105.1%
Debt to equity ratio
₹226.41m
Debt
Interest coverage ratio | 0.2x |
Cash | ₹357.50k |
Equity | ₹215.33m |
Total liabilities | ₹307.59m |
Total assets | ₹522.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541634's short term assets (₹253.7M) exceed its short term liabilities (₹164.9M).
Long Term Liabilities: 541634's short term assets (₹253.7M) exceed its long term liabilities (₹142.7M).
Debt to Equity History and Analysis
Debt Level: 541634's net debt to equity ratio (105%) is considered high.
Reducing Debt: 541634's debt to equity ratio has increased from 74.9% to 105.1% over the past 5 years.
Debt Coverage: 541634's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 541634's interest payments on its debt are not well covered by EBIT (0.2x coverage).