Baroda Rayon Balance Sheet Health
Financial Health criteria checks 4/6
Baroda Rayon has a total shareholder equity of ₹3.2B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are ₹6.4B and ₹3.2B respectively. Baroda Rayon's EBIT is ₹109.5M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹13.0M.
Key information
71.2%
Debt to equity ratio
₹2.25b
Debt
Interest coverage ratio | 3.3x |
Cash | ₹12.95m |
Equity | ₹3.16b |
Total liabilities | ₹3.20b |
Total assets | ₹6.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500270's short term assets (₹6.2B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 500270's short term assets (₹6.2B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 500270's net debt to equity ratio (70.7%) is considered high.
Reducing Debt: 500270 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 500270's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 500270's interest payments on its debt are well covered by EBIT (3.3x coverage).