Ramco Cements Balance Sheet Health
Financial Health criteria checks 1/6
Ramco Cements has a total shareholder equity of ₹72.4B and total debt of ₹52.0B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are ₹165.0B and ₹92.5B respectively. Ramco Cements's EBIT is ₹7.9B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹1.4B.
Key information
71.9%
Debt to equity ratio
₹52.04b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹1.42b |
| Equity | ₹72.42b |
| Total liabilities | ₹92.54b |
| Total assets | ₹164.96b |
Recent financial health updates
Does Ramco Cements (NSE:RAMCOCEM) Have A Healthy Balance Sheet?
Sep 06
Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Dec 21Ramco Cements (NSE:RAMCOCEM) Seems To Be Using A Lot Of Debt
Jun 06Here's Why Ramco Cements (NSE:RAMCOCEM) Is Weighed Down By Its Debt Load
Dec 02Does Ramco Cements (NSE:RAMCOCEM) Have A Healthy Balance Sheet?
Jun 28Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Sep 16Recent updates
Earnings Update: The Ramco Cements Limited (NSE:RAMCOCEM) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Nov 14The Ramco Cements Limited (NSE:RAMCOCEM) Not Flying Under The Radar
Nov 13Returns On Capital Signal Tricky Times Ahead For Ramco Cements (NSE:RAMCOCEM)
Sep 27Does Ramco Cements (NSE:RAMCOCEM) Have A Healthy Balance Sheet?
Sep 06Earnings Beat: The Ramco Cements Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 28A Look At The Intrinsic Value Of The Ramco Cements Limited (NSE:RAMCOCEM)
Jul 12Market Participants Recognise The Ramco Cements Limited's (NSE:RAMCOCEM) Earnings
Jun 24The Ramco Cements Limited Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next
May 25Ramco Cements (NSE:RAMCOCEM) Will Want To Turn Around Its Return Trends
Apr 20The Ramco Cements Limited Just Missed EPS By 44%: Here's What Analysts Think Will Happen Next
Feb 12Getting In Cheap On The Ramco Cements Limited (NSE:RAMCOCEM) Might Be Difficult
Jan 30There Are Reasons To Feel Uneasy About Ramco Cements' (NSE:RAMCOCEM) Returns On Capital
Jan 10Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Dec 21Investors Could Be Concerned With Ramco Cements' (NSE:RAMCOCEM) Returns On Capital
Sep 25Ramco Cements' (NSE:RAMCOCEM) Dividend Is Being Reduced To ₹2.00
Aug 01Ramco Cements (NSE:RAMCOCEM) Has Announced That Its Dividend Will Be Reduced To ₹2.00
Jul 18Ramco Cements (NSE:RAMCOCEM) Is Reducing Its Dividend To ₹2.00
Jul 04Ramco Cements (NSE:RAMCOCEM) Seems To Be Using A Lot Of Debt
Jun 06Ramco Cements (NSE:RAMCOCEM) Is Reducing Its Dividend To ₹2.00
May 22A Look At The Intrinsic Value Of The Ramco Cements Limited (NSE:RAMCOCEM)
May 07Ramco Cements' (NSE:RAMCOCEM) Returns On Capital Not Reflecting Well On The Business
Feb 28Here's Why Ramco Cements (NSE:RAMCOCEM) Is Weighed Down By Its Debt Load
Dec 02Is There An Opportunity With The Ramco Cements Limited's (NSE:RAMCOCEM) 42% Undervaluation?
Nov 17Capital Allocation Trends At Ramco Cements (NSE:RAMCOCEM) Aren't Ideal
Sep 06Does Ramco Cements (NSE:RAMCOCEM) Have A Healthy Balance Sheet?
Jun 28The Returns On Capital At Ramco Cements (NSE:RAMCOCEM) Don't Inspire Confidence
May 29Calculating The Intrinsic Value Of The Ramco Cements Limited (NSE:RAMCOCEM)
May 14The Returns On Capital At Ramco Cements (NSE:RAMCOCEM) Don't Inspire Confidence
Feb 23The Ramco Cements Limited (NSE:RAMCOCEM) Shares Could Be 34% Above Their Intrinsic Value Estimate
Feb 10Should You Be Adding Ramco Cements (NSE:RAMCOCEM) To Your Watchlist Today?
Dec 27Here's What's Concerning About Ramco Cements' (NSE:RAMCOCEM) Returns On Capital
Nov 20Estimating The Intrinsic Value Of The Ramco Cements Limited (NSE:RAMCOCEM)
Oct 21Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Sep 16Ramco Cements (NSE:RAMCOCEM) Has Some Way To Go To Become A Multi-Bagger
Aug 17Should You Be Adding Ramco Cements (NSE:RAMCOCEM) To Your Watchlist Today?
Aug 02Calculating The Intrinsic Value Of The Ramco Cements Limited (NSE:RAMCOCEM)
Jul 17Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Jun 08Financial Position Analysis
Short Term Liabilities: RAMCOCEM's short term assets (₹23.2B) do not cover its short term liabilities (₹43.2B).
Long Term Liabilities: RAMCOCEM's short term assets (₹23.2B) do not cover its long term liabilities (₹49.4B).
Debt to Equity History and Analysis
Debt Level: RAMCOCEM's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: RAMCOCEM's debt to equity ratio has increased from 50.8% to 71.9% over the past 5 years.
Debt Coverage: RAMCOCEM's debt is well covered by operating cash flow (29.5%).
Interest Coverage: RAMCOCEM's interest payments on its debt are not well covered by EBIT (2.4x coverage).