Rama Phosphates Balance Sheet Health
Financial Health criteria checks 3/6
Rama Phosphates has a total shareholder equity of ₹3.5B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are ₹6.3B and ₹2.7B respectively.
Key information
40.6%
Debt to equity ratio
₹1.43b
Debt
Interest coverage ratio | n/a |
Cash | ₹104.91m |
Equity | ₹3.53b |
Total liabilities | ₹2.73b |
Total assets | ₹6.26b |
Recent financial health updates
No updates
Recent updates
Rama Phosphates Limited (NSE:RAMAPHO) Held Back By Insufficient Growth Even After Shares Climb 30%
Jul 05Rama Phosphates (NSE:RAMAPHO) Is Increasing Its Dividend To ₹1.00
Jul 28A Piece Of The Puzzle Missing From Rama Phosphates Limited's (NSE:RAMAPHO) 28% Share Price Climb
Sep 14Rama Phosphates' (NSE:RAMAPHO) Solid Profits Have Weak Fundamentals
Aug 09Financial Position Analysis
Short Term Liabilities: RAMAPHO's short term assets (₹4.3B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: RAMAPHO's short term assets (₹4.3B) exceed its long term liabilities (₹151.9M).
Debt to Equity History and Analysis
Debt Level: RAMAPHO's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: RAMAPHO's debt to equity ratio has increased from 17.8% to 40.6% over the past 5 years.
Debt Coverage: RAMAPHO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RAMAPHO's interest payments on its debt are well covered by EBIT.