Sri Ramakrishna Mills (Coimbatore) Balance Sheet Health
Financial Health criteria checks 4/6
Sri Ramakrishna Mills (Coimbatore) has a total shareholder equity of ₹157.2M and total debt of ₹428.2M, which brings its debt-to-equity ratio to 272.4%. Its total assets and total liabilities are ₹738.2M and ₹581.0M respectively. Sri Ramakrishna Mills (Coimbatore)'s EBIT is ₹103.1M making its interest coverage ratio 3. It has cash and short-term investments of ₹7.1M.
Key information
272.4%
Debt to equity ratio
₹428.19m
Debt
Interest coverage ratio | 3x |
Cash | ₹7.13m |
Equity | ₹157.17m |
Total liabilities | ₹581.04m |
Total assets | ₹738.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521178's short term assets (₹468.2M) exceed its short term liabilities (₹450.9M).
Long Term Liabilities: 521178's short term assets (₹468.2M) exceed its long term liabilities (₹130.1M).
Debt to Equity History and Analysis
Debt Level: 521178's net debt to equity ratio (267.9%) is considered high.
Reducing Debt: 521178's debt to equity ratio has reduced from 1300.9% to 272.4% over the past 5 years.
Debt Coverage: 521178's debt is well covered by operating cash flow (21.5%).
Interest Coverage: 521178's interest payments on its debt are not well covered by EBIT (3x coverage).