Rajratan Global Wire Balance Sheet Health
Financial Health criteria checks 6/6
Rajratan Global Wire has a total shareholder equity of ₹4.9B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are ₹8.3B and ₹3.3B respectively. Rajratan Global Wire's EBIT is ₹1.1B making its interest coverage ratio 5.6. It has cash and short-term investments of ₹150.9M.
Key information
38.7%
Debt to equity ratio
₹1.91b
Debt
Interest coverage ratio | 5.6x |
Cash | ₹150.90m |
Equity | ₹4.93b |
Total liabilities | ₹3.34b |
Total assets | ₹8.26b |
Recent financial health updates
We Think Rajratan Global Wire (NSE:RAJRATAN) Is Taking Some Risk With Its Debt
Jun 12Is 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
We 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 20Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?
Nov 23Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?
Oct 26Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Sep 20Rajratan Global Wire (NSE:RAJRATAN) Has A Somewhat Strained Balance Sheet
Aug 25Not Many Are Piling Into Rajratan Global Wire Limited (NSE:RAJRATAN) Just Yet
Jul 20Financial Position Analysis
Short Term Liabilities: RAJRATAN's short term assets (₹2.7B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: RAJRATAN's short term assets (₹2.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: RAJRATAN's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: RAJRATAN's debt to equity ratio has reduced from 96.4% to 38.7% over the past 5 years.
Debt Coverage: RAJRATAN's debt is well covered by operating cash flow (55.4%).
Interest Coverage: RAJRATAN's interest payments on its debt are well covered by EBIT (5.6x coverage).