Ramkrishna Forgings Balance Sheet Health
Financial Health criteria checks 5/6
Ramkrishna Forgings has a total shareholder equity of ₹15.4B and total debt of ₹15.6B, which brings its debt-to-equity ratio to 101.1%. Its total assets and total liabilities are ₹44.8B and ₹29.4B respectively. Ramkrishna Forgings's EBIT is ₹5.9B making its interest coverage ratio 5.1. It has cash and short-term investments of ₹653.9M.
Key information
101.1%
Debt to equity ratio
₹15.61b
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹653.93m |
| Equity | ₹15.45b |
| Total liabilities | ₹29.37b |
| Total assets | ₹44.81b |
Recent financial health updates
Does Ramkrishna Forgings (NSE:RKFORGE) Have A Healthy Balance Sheet?
Jul 18
Here's Why Ramkrishna Forgings (NSE:RKFORGE) Has A Meaningful Debt Burden
Jul 01These 4 Measures Indicate That Ramkrishna Forgings (NSE:RKFORGE) Is Using Debt In A Risky Way
Jan 10
Does Ramkrishna Forgings (NSE:RKFORGE) Have A Healthy Balance Sheet?
Sep 24Recent updates
Should You Be Adding Ramkrishna Forgings (NSE:RKFORGE) To Your Watchlist Today?
Apr 10Investors Still Waiting For A Pull Back In Ramkrishna Forgings Limited (NSE:RKFORGE)
Feb 11Ramkrishna Forgings (NSE:RKFORGE) Is Increasing Its Dividend To ₹1.00
Oct 22We Think Ramkrishna Forgings (NSE:RKFORGE) Might Have The DNA Of A Multi-Bagger
Oct 13Ramkrishna Forgings Limited's (NSE:RKFORGE) CEO Looks Like They Deserve Their Pay Packet
Sep 10Here's Why Ramkrishna Forgings (NSE:RKFORGE) Has Caught The Eye Of Investors
Aug 08Does Ramkrishna Forgings (NSE:RKFORGE) Have A Healthy Balance Sheet?
Jul 18Ramkrishna Forgings (NSE:RKFORGE) Is Achieving High Returns On Its Capital
May 30Ramkrishna Forgings (NSE:RKFORGE) Is Due To Pay A Dividend Of ₹0.50
Jan 24Ramkrishna Forgings (NSE:RKFORGE) Is Due To Pay A Dividend Of ₹0.50
Oct 30Ramkrishna Forgings (NSE:RKFORGE) Is Due To Pay A Dividend Of ₹0.50
Jul 24Here's Why Ramkrishna Forgings (NSE:RKFORGE) Has Caught The Eye Of Investors
Jul 22Ramkrishna Forgings (NSE:RKFORGE) Is Experiencing Growth In Returns On Capital
Jun 28Ramkrishna Forgings (NSE:RKFORGE) Is Experiencing Growth In Returns On Capital
Feb 25The Return Trends At Ramkrishna Forgings (NSE:RKFORGE) Look Promising
Oct 13Here's Why Ramkrishna Forgings (NSE:RKFORGE) Has A Meaningful Debt Burden
Jul 01Ramkrishna Forgings' (NSE:RKFORGE) Returns On Capital Not Reflecting Well On The Business
May 11Have Insiders Been Buying Ramkrishna Forgings Limited (NSE:RKFORGE) Shares This Year?
Feb 21A Quick Analysis On Ramkrishna Forgings' (NSE:RKFORGE) CEO Salary
Jan 31These 4 Measures Indicate That Ramkrishna Forgings (NSE:RKFORGE) Is Using Debt In A Risky Way
Jan 10Did Ramkrishna Forgings' (NSE:RKFORGE) Share Price Deserve to Gain 49%?
Dec 15Chaitanya Jalan Is The Whole Time Director of Ramkrishna Forgings Limited (NSE:RKFORGE) And They Just Picked Up 7.2% More Shares
Nov 19Should You Be Impressed By Ramkrishna Forgings' (NSE:RKFORGE) Returns on Capital?
Nov 12Estimating The Fair Value Of Ramkrishna Forgings Limited (NSE:RKFORGE)
Oct 23Does Ramkrishna Forgings (NSE:RKFORGE) Have A Healthy Balance Sheet?
Sep 24Would Shareholders Who Purchased Ramkrishna Forgings' (NSE:RKFORGE) Stock Five Years Be Happy With The Share price Today?
Sep 04Financial Position Analysis
Short Term Liabilities: RKFORGE's short term assets (₹21.6B) exceed its short term liabilities (₹18.8B).
Long Term Liabilities: RKFORGE's short term assets (₹21.6B) exceed its long term liabilities (₹10.6B).
Debt to Equity History and Analysis
Debt Level: RKFORGE's net debt to equity ratio (96.9%) is considered high.
Reducing Debt: RKFORGE's debt to equity ratio has reduced from 106% to 101.1% over the past 5 years.
Debt Coverage: RKFORGE's debt is well covered by operating cash flow (43.8%).
Interest Coverage: RKFORGE's interest payments on its debt are well covered by EBIT (5.1x coverage).