Raymond Balance Sheet Health
Financial Health criteria checks 4/6
Raymond has a total shareholder equity of ₹50.6B and total debt of ₹41.8B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are ₹131.7B and ₹81.2B respectively. Raymond's EBIT is ₹10.7B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹13.8B.
Key information
82.7%
Debt to equity ratio
₹41.82b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹13.75b |
Equity | ₹50.55b |
Total liabilities | ₹81.18b |
Total assets | ₹131.73b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500330's short term assets (₹73.9B) exceed its short term liabilities (₹44.4B).
Long Term Liabilities: 500330's short term assets (₹73.9B) exceed its long term liabilities (₹36.8B).
Debt to Equity History and Analysis
Debt Level: 500330's net debt to equity ratio (55.5%) is considered high.
Reducing Debt: 500330's debt to equity ratio has reduced from 121.2% to 82.7% over the past 5 years.
Debt Coverage: 500330's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 500330's interest payments on its debt are well covered by EBIT (3.7x coverage).