Ramco Industries Balance Sheet Health
Financial Health criteria checks 6/6
Ramco Industries has a total shareholder equity of ₹41.1B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ₹45.7B and ₹4.6B respectively. Ramco Industries's EBIT is ₹1.4B making its interest coverage ratio 17.4. It has cash and short-term investments of ₹906.3M.
Key information
3.2%
Debt to equity ratio
₹1.30b
Debt
Interest coverage ratio | 17.4x |
Cash | ₹906.30m |
Equity | ₹41.10b |
Total liabilities | ₹4.62b |
Total assets | ₹45.72b |
Recent financial health updates
Does Ramco Industries (NSE:RAMCOIND) Have A Healthy Balance Sheet?
Jul 20Does Ramco Industries (NSE:RAMCOIND) Have A Healthy Balance Sheet?
Dec 10Recent updates
Ramco Industries Limited (NSE:RAMCOIND) Shares Fly 25% But Investors Aren't Buying For Growth
Nov 12Ramco Industries (NSE:RAMCOIND) Will Pay A Smaller Dividend Than Last Year
Jul 23Ramco Industries (NSE:RAMCOIND) Has Announced That Its Dividend Will Be Reduced To ₹0.75
Jun 19Ramco Industries' (NSE:RAMCOIND) Dividend Will Be Reduced To ₹0.75
Jun 03Improved Earnings Required Before Ramco Industries Limited (NSE:RAMCOIND) Shares Find Their Feet
May 24Returns 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 17Should 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 (₹8.3B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: RAMCOIND's short term assets (₹8.3B) exceed its long term liabilities (₹700.0M).
Debt to Equity History and Analysis
Debt Level: RAMCOIND's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: RAMCOIND's debt to equity ratio has reduced from 4.2% to 3.2% over the past 5 years.
Debt Coverage: RAMCOIND's debt is well covered by operating cash flow (163.7%).
Interest Coverage: RAMCOIND's interest payments on its debt are well covered by EBIT (17.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/22 10:25 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ramco Industries Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Girish Solanki | Anand Rathi Shares and Stock Brokers Limited |
Anil Burra | FirstCall Research |
Vijay Madunala | FirstCall Research |