Gujarat Raffia Industries Balance Sheet Health
Financial Health criteria checks 6/6
Gujarat Raffia Industries has a total shareholder equity of ₹210.0M and total debt of ₹28.2M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ₹246.0M and ₹36.0M respectively. Gujarat Raffia Industries's EBIT is ₹9.5M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹9.5M.
Key information
13.4%
Debt to equity ratio
₹28.20m
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₹9.46m |
| Equity | ₹210.04m |
| Total liabilities | ₹35.98m |
| Total assets | ₹246.02m |
Recent financial health updates
No updates
Recent updates
Gujarat Raffia Industries Limited's (NSE:GUJRAFFIA) Shares Climb 35% But Its Business Is Yet to Catch Up
Dec 10
Optimistic Investors Push Gujarat Raffia Industries Limited (NSE:GUJRAFFIA) Shares Up 29% But Growth Is Lacking
Jul 23Gujarat Raffia Industries Limited (NSE:GUJRAFFIA) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Apr 06Some Confidence Is Lacking In Gujarat Raffia Industries Limited's (NSE:GUJRAFFIA) P/E
Feb 16With EPS Growth And More, Gujarat Raffia Industries (NSE:GUJRAFFIA) Is Interesting
Jan 12Gujarat Raffia Industries Limited's (NSE:GUJRAFFIA) Stock Is Going Strong: Have Financials A Role To Play?
Jan 30Gujarat Raffia Industries Limited's (NSE:GUJRAFFIA) Price Is Out Of Tune With Earnings
Aug 27
Financial Position Analysis
Short Term Liabilities: GUJRAFFIA's short term assets (₹79.6M) exceed its short term liabilities (₹1.2M).
Long Term Liabilities: GUJRAFFIA's short term assets (₹79.6M) exceed its long term liabilities (₹34.8M).
Debt to Equity History and Analysis
Debt Level: GUJRAFFIA's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: GUJRAFFIA's debt to equity ratio has reduced from 68.1% to 13.4% over the past 5 years.
Debt Coverage: GUJRAFFIA's debt is well covered by operating cash flow (406.2%).
Interest Coverage: GUJRAFFIA's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:40 |
| End of Day Share Price | 2024/12/19 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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Industry and Sector Metrics
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Analyst Sources
Gujarat Raffia Industries Limited is covered by 0 analysts. 0 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 |
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