Rajratan Global Wire Balance Sheet Health
Financial Health criteria checks 4/6
Rajratan Global Wire has a total shareholder equity of ₹5.4B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are ₹10.0B and ₹4.6B respectively. Rajratan Global Wire's EBIT is ₹1.2B making its interest coverage ratio 6.4. It has cash and short-term investments of ₹23.0M.
Key information
58.2%
Debt to equity ratio
₹3.14b
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₹23.00m |
| Equity | ₹5.40b |
| Total liabilities | ₹4.57b |
| Total assets | ₹9.97b |
Recent financial health updates
We Think Rajratan Global Wire (NSE:RAJRATAN) Is Taking Some Risk With Its Debt
Jun 12
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?
Mar 23Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?
Sep 27Here's Why Rajratan Global Wire (NSE:RAJRATAN) Can Manage Its Debt Responsibly
May 17These 4 Measures Indicate That Rajratan Global Wire (NSE:RAJRATAN) Is Using Debt Reasonably Well
Jan 05Rajratan Global Wire (NSE:RAJRATAN) Seems To Use Debt Quite Sensibly
Jun 10Recent updates
Revenue Beat: Rajratan Global Wire Limited Exceeded Revenue Forecasts By 6.0% And Analysts Are Updating Their Estimates
Oct 24Rajratan Global Wire (NSE:RAJRATAN) Has Announced A Dividend Of ₹2.00
Jul 13We Think Rajratan Global Wire (NSE:RAJRATAN) Is Taking Some Risk With Its Debt
Jun 12Returns On Capital Signal Tricky Times Ahead For Rajratan Global Wire (NSE:RAJRATAN)
Apr 05₹882 - That's What Analysts Think Rajratan Global Wire Limited (NSE:RAJRATAN) Is Worth After These Results
Jan 23Here's What Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital Mean
Oct 20Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?
Apr 21Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?
Mar 23Some Analysts Just Cut Their Rajratan Global Wire Limited (NSE:RAJRATAN) Estimates
Jan 29Here's Why We Think Rajratan Global Wire (NSE:RAJRATAN) Might Deserve Your Attention Today
Nov 08Under The Bonnet, Rajratan Global Wire's (NSE:RAJRATAN) Returns Look Impressive
Oct 22Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?
Sep 27Rajratan Global Wire Limited Just Beat Revenue By 13%: Here's What Analysts Think Will Happen Next
Jul 23We Think Rajratan Global Wire (NSE:RAJRATAN) Might Have The DNA Of A Multi-Bagger
Jul 20Here's Why Rajratan Global Wire (NSE:RAJRATAN) Can Manage Its Debt Responsibly
May 17Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?
Apr 28These 4 Measures Indicate That Rajratan Global Wire (NSE:RAJRATAN) Is Using Debt Reasonably Well
Jan 05Rajratan Global Wire's (NSE:RAJRATAN) Earnings Are Weaker Than They Seem
Oct 28Is Now The Time To Put Rajratan Global Wire (NSE:RAJRATAN) On Your Watchlist?
Oct 07Why You Should Care About Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital
Aug 30With EPS Growth And More, Rajratan Global Wire (NSE:RAJRATAN) Is Interesting
Jun 24Rajratan Global Wire (NSE:RAJRATAN) Seems To Use Debt Quite Sensibly
Jun 10Here's What's Concerning About Rajratan Global Wire's (NSE:RAJRATAN) Returns On Capital
May 25Is Rajratan Global Wire (NSE:RAJRATAN) A Risky Investment?
Feb 22Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?
Jan 25Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 20
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?
Nov 23Financial Position Analysis
Short Term Liabilities: RAJRATAN's short term assets (₹3.9B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: RAJRATAN's short term assets (₹3.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: RAJRATAN's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: RAJRATAN's debt to equity ratio has reduced from 110.4% to 58.2% over the past 5 years.
Debt Coverage: RAJRATAN's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: RAJRATAN's interest payments on its debt are well covered by EBIT (6.4x coverage).