Raw Edge Industrial Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Raw Edge Industrial Solutions has a total shareholder equity of ₹218.2M and total debt of ₹210.4M, which brings its debt-to-equity ratio to 96.4%. Its total assets and total liabilities are ₹524.5M and ₹306.3M respectively. Raw Edge Industrial Solutions's EBIT is ₹22.9M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹334.0K.
Key information
96.4%
Debt to equity ratio
₹210.41m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹334.00k |
| Equity | ₹218.16m |
| Total liabilities | ₹306.30m |
| Total assets | ₹524.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541634's short term assets (₹257.8M) exceed its short term liabilities (₹174.9M).
Long Term Liabilities: 541634's short term assets (₹257.8M) exceed its long term liabilities (₹131.4M).
Debt to Equity History and Analysis
Debt Level: 541634's net debt to equity ratio (96.3%) is considered high.
Reducing Debt: 541634's debt to equity ratio has increased from 78.7% to 96.4% over the past 5 years.
Debt Coverage: 541634's debt is well covered by operating cash flow (27%).
Interest Coverage: 541634's interest payments on its debt are not well covered by EBIT (1.2x coverage).