Ramco Industries Balance Sheet Health
Financial Health criteria checks 4/6
Ramco Industries has a total shareholder equity of ₹39.9B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹45.4B and ₹5.6B respectively. Ramco Industries's EBIT is ₹1.2B making its interest coverage ratio 12.8. It has cash and short-term investments of ₹623.2M.
Key information
7.0%
Debt to equity ratio
₹2.81b
Debt
| Interest coverage ratio | 12.8x |
| Cash | ₹623.20m |
| Equity | ₹39.87b |
| Total liabilities | ₹5.55b |
| Total assets | ₹45.42b |
Recent financial health updates
Does Ramco Industries (NSE:RAMCOIND) Have A Healthy Balance Sheet?
Jul 20
Does Ramco Industries (NSE:RAMCOIND) Have A Healthy Balance Sheet?
Dec 10Recent updates
Returns On Capital Signal Tricky Times Ahead For Ramco Industries (NSE:RAMCOIND)
Oct 26Ramco Industries' (NSE:RAMCOIND) Dividend Will Be ₹1.00
Jul 21Ramco Industries (NSE:RAMCOIND) Is Experiencing Growth In Returns On Capital
May 18Ramco Industries (NSE:RAMCOIND) Might Have The Makings Of A Multi-Bagger
Jan 26Here's Why I Think Ramco Industries (NSE:RAMCOIND) Is An Interesting Stock
Jan 03Does Ramco Industries (NSE:RAMCOIND) Have A Healthy Balance Sheet?
Jul 20Does Ramco Industries (NSE:RAMCOIND) Deserve A Spot On Your Watchlist?
May 31Ramco Industries Limited's (NSE:RAMCOIND) 0.4% Dividend Yield Looks Pretty Interesting
May 11Investors Could Be Concerned With Ramco Industries' (NSE:RAMCOIND) Returns On Capital
Apr 20Is It Smart To Buy Ramco Industries Limited (NSE:RAMCOIND) Before It Goes Ex-Dividend?
Mar 17Could The Ramco Industries Limited (NSE:RAMCOIND) Ownership Structure Tell Us Something Useful?
Mar 16Is Now An Opportune Moment To Examine Ramco Industries Limited (NSE:RAMCOIND)?
Mar 02How Much is Ramco Industries' (NSE:RAMCOIND) CEO Getting Paid?
Feb 17
Should You Be Adding Ramco Industries (NSE:RAMCOIND) To Your Watchlist Today?
Feb 04What To Know Before Buying Ramco Industries Limited (NSE:RAMCOIND) For Its Dividend
Jan 18Ramco Industries (NSE:RAMCOIND) Shareholders Have Enjoyed A 81% Share Price Gain
Dec 31Does Ramco Industries (NSE:RAMCOIND) Have A Healthy Balance Sheet?
Dec 10How Much Of Ramco Industries Limited (NSE:RAMCOIND) Do Insiders Own?
Nov 19Financial Position Analysis
Short Term Liabilities: RAMCOIND's short term assets (₹8.1B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: RAMCOIND's short term assets (₹8.1B) exceed its long term liabilities (₹905.0M).
Debt to Equity History and Analysis
Debt Level: RAMCOIND's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: RAMCOIND's debt to equity ratio has increased from 6.4% to 7% over the past 5 years.
Debt Coverage: RAMCOIND's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: RAMCOIND's interest payments on its debt are well covered by EBIT (12.8x coverage).