Rain Industries Balance Sheet Health
Financial Health criteria checks 3/6
Rain Industries has a total shareholder equity of ₹73.1B and total debt of ₹85.2B, which brings its debt-to-equity ratio to 116.5%. Its total assets and total liabilities are ₹192.4B and ₹119.2B respectively. Rain Industries's EBIT is ₹4.0B making its interest coverage ratio 0.5. It has cash and short-term investments of ₹15.0B.
Key information
116.5%
Debt to equity ratio
₹85.18b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹15.02b |
| Equity | ₹73.12b |
| Total liabilities | ₹119.23b |
| Total assets | ₹192.36b |
Recent financial health updates
Does Rain Industries (NSE:RAIN) Have A Healthy Balance Sheet?
Mar 18
Rain Industries (NSE:RAIN) Use Of Debt Could Be Considered Risky
Oct 24We Think Rain Industries (NSE:RAIN) Is Taking Some Risk With Its Debt
Nov 29Rain Industries (NSE:RAIN) Has A Somewhat Strained Balance Sheet
Jun 01Rain Industries (NSE:RAIN) Has A Somewhat Strained Balance Sheet
Feb 27Rain Industries (NSE:RAIN) Takes On Some Risk With Its Use Of Debt
Sep 02Recent updates
There Is A Reason Rain Industries Limited's (NSE:RAIN) Price Is Undemanding
Oct 08The Returns On Capital At Rain Industries (NSE:RAIN) Don't Inspire Confidence
Sep 14Not Many Are Piling Into Rain Industries Limited (NSE:RAIN) Just Yet
Jun 05Rain Industries' (NSE:RAIN) Returns On Capital Not Reflecting Well On The Business
May 11Does Rain Industries (NSE:RAIN) Have A Healthy Balance Sheet?
Mar 18Rain Industries Limited (NSE:RAIN) Soars 27% But It's A Story Of Risk Vs Reward
Feb 07Rain Industries (NSE:RAIN) Use Of Debt Could Be Considered Risky
Oct 24Rain Industries (NSE:RAIN) Will Be Hoping To Turn Its Returns On Capital Around
Aug 09Should You Be Adding Rain Industries (NSE:RAIN) To Your Watchlist Today?
May 11Investors Will Want Rain Industries' (NSE:RAIN) Growth In ROCE To Persist
Feb 25We Think Rain Industries (NSE:RAIN) Is Taking Some Risk With Its Debt
Nov 29Here's Why We Think Rain Industries (NSE:RAIN) Is Well Worth Watching
Aug 07The Returns At Rain Industries (NSE:RAIN) Aren't Growing
Jun 22Rain Industries (NSE:RAIN) Has A Somewhat Strained Balance Sheet
Jun 01Rain Industries (NSE:RAIN) Has More To Do To Multiply In Value Going Forward
Mar 23Rain Industries (NSE:RAIN) Has A Somewhat Strained Balance Sheet
Feb 27Investors Will Want Rain Industries' (NSE:RAIN) Growth In ROCE To Persist
Dec 21Rain Industries (NSE:RAIN) Is Due To Pay A Dividend Of ₹1.00
Nov 03Rain Industries (NSE:RAIN) Takes On Some Risk With Its Use Of Debt
Sep 02Investors Will Want Rain Industries' (NSE:RAIN) Growth In ROCE To Persist
Aug 16Rain Industries (NSE:RAIN) Has A Somewhat Strained Balance Sheet
May 31Rain Industries (NSE:RAIN) Has More To Do To Multiply In Value Going Forward
May 10Based On Its ROE, Is Rain Industries Limited (NSE:RAIN) A High Quality Stock?
Mar 17Robust Earnings May Not Tell The Whole Story For Rain Industries (NSE:RAIN)
Mar 04Rain Industries (NSE:RAIN) Has A Somewhat Strained Balance Sheet
Mar 01Why Rain Industries Limited (NSE:RAIN) Is A Top Dividend Stock
Feb 17Have Insiders Been Buying Rain Industries Limited (NSE:RAIN) Shares?
Jan 31What Type Of Shareholders Make Up Rain Industries Limited's (NSE:RAIN) Share Registry?
Jan 11Shareholders Are Thrilled That The Rain Industries (NSE:RAIN) Share Price Increased 229%
Dec 27Rain Industries Limited (NSE:RAIN) Delivered A Weaker ROE Than Its Industry
Dec 14Financial Position Analysis
Short Term Liabilities: RAIN's short term assets (₹73.5B) exceed its short term liabilities (₹37.8B).
Long Term Liabilities: RAIN's short term assets (₹73.5B) do not cover its long term liabilities (₹81.5B).
Debt to Equity History and Analysis
Debt Level: RAIN's net debt to equity ratio (96%) is considered high.
Reducing Debt: RAIN's debt to equity ratio has reduced from 147.8% to 116.5% over the past 5 years.
Debt Coverage: RAIN's debt is well covered by operating cash flow (24.2%).
Interest Coverage: RAIN's interest payments on its debt are not well covered by EBIT (0.5x coverage).