Ramco Cements Balance Sheet Health
Financial Health criteria checks 1/6
Ramco Cements has a total shareholder equity of ₹70.4B and total debt of ₹50.6B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are ₹156.6B and ₹86.2B respectively. Ramco Cements's EBIT is ₹9.4B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹1.2B.
Key information
71.9%
Debt to equity ratio
₹50.64b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹1.20b |
| Equity | ₹70.40b |
| Total liabilities | ₹86.16b |
| Total assets | ₹156.56b |
Recent financial health updates
Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Dec 21
Ramco 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 16Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Jun 08Recent updates
Ramco 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 08Analysts Are Updating Their The Ramco Cements Limited (NSE:RAMCOCEM) Estimates After Its Annual Results
May 26Here's What To Make Of Ramco Cements' (NSE:RAMCOCEM) Decelerating Rates Of Return
May 11Is Now The Time To Put Ramco Cements (NSE:RAMCOCEM) On Your Watchlist?
Apr 12A Look At The Fair Value Of The Ramco Cements Limited (NSE:RAMCOCEM)
Mar 29Is Ramco Cements' (NSE:RAMCOCEM) 140% Share Price Increase Well Justified?
Mar 15Our Take On Ramco Cements' (NSE:RAMCOCEM) CEO Salary
Mar 01What Type Of Shareholders Own The Most Number of The Ramco Cements Limited (NSE:RAMCOCEM) Shares?
Feb 14Returns On Capital At Ramco Cements (NSE:RAMCOCEM) Paint An Interesting Picture
Jan 31Is The Ramco Cements Limited (NSE:RAMCOCEM) An Attractive Dividend Stock?
Jan 11
Is Ramco Cements (NSE:RAMCOCEM) A Risky Investment?
Dec 24If You Had Bought Ramco Cements (NSE:RAMCOCEM) Stock Five Years Ago, You Could Pocket A 144% Gain Today
Dec 07Financial Position Analysis
Short Term Liabilities: RAMCOCEM's short term assets (₹20.2B) do not cover its short term liabilities (₹36.1B).
Long Term Liabilities: RAMCOCEM's short term assets (₹20.2B) do not cover its long term liabilities (₹50.0B).
Debt to Equity History and Analysis
Debt Level: RAMCOCEM's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: RAMCOCEM's debt to equity ratio has increased from 36% to 71.9% over the past 5 years.
Debt Coverage: RAMCOCEM's debt is well covered by operating cash flow (42.6%).
Interest Coverage: RAMCOCEM's interest payments on its debt are not well covered by EBIT (2.7x coverage).