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
We Think Raymond (NSE:RAYMOND) Can Stay On Top Of Its Debt
Sep 02
Here's Why Raymond (NSE:RAYMOND) Can Manage Its Debt Responsibly
Dec 26Is Raymond (NSE:RAYMOND) A Risky Investment?
Jun 11Is Raymond (NSE:RAYMOND) A Risky Investment?
Nov 04Recent updates
With EPS Growth And More, Raymond (NSE:RAYMOND) Makes An Interesting Case
Jul 12Improved Earnings Required Before Raymond Limited (NSE:RAYMOND) Stock's 38% Jump Looks Justified
Jun 27Here's Why Shareholders May Want To Be Cautious With Increasing Raymond Limited's (NSE:RAYMOND) CEO Pay Packet
Jun 21Raymond's (NSE:RAYMOND) Returns On Capital Not Reflecting Well On The Business
May 24Raymond's (NSE:RAYMOND) Earnings Are Of Questionable Quality
May 11There's No Escaping Raymond Limited's (NSE:RAYMOND) Muted Earnings
Apr 21Estimating The Fair Value Of Raymond Limited (NSE:RAYMOND)
Mar 08Returns On Capital At Raymond (NSE:RAYMOND) Have Stalled
Feb 23Raymond Limited's (NSE:RAYMOND) Business And Shares Still Trailing The Market
Jan 16Is Now The Time To Put Raymond (NSE:RAYMOND) On Your Watchlist?
Dec 13Raymond's (NSE:RAYMOND) Returns Have Hit A Wall
Nov 10Is Raymond Limited (NSE:RAYMOND) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 25We Think Raymond (NSE:RAYMOND) Can Stay On Top Of Its Debt
Sep 02Raymond (NSE:RAYMOND) Knows How To Allocate Capital Effectively
Aug 09With EPS Growth And More, Raymond (NSE:RAYMOND) Makes An Interesting Case
Jul 25We Ran A Stock Scan For Earnings Growth And Raymond (NSE:RAYMOND) Passed With Ease
Apr 18Shareholders Would Enjoy A Repeat Of Raymond's (NSE:RAYMOND) Recent Growth In Returns
Feb 05Here's Why Raymond (NSE:RAYMOND) Can Manage Its Debt Responsibly
Dec 26We Like These Underlying Return On Capital Trends At Raymond (NSE:RAYMOND)
Oct 21Is Raymond (NSE:RAYMOND) A Risky Investment?
Jun 11The Strong Earnings Posted By Raymond (NSE:RAYMOND) Are A Good Indication Of The Strength Of The Business
May 24Investors Will Want Raymond's (NSE:RAYMOND) Growth In ROCE To Persist
May 18Calculating The Intrinsic Value Of Raymond Limited (NSE:RAYMOND)
Mar 31There Are Reasons To Feel Uneasy About Raymond's (NSE:RAYMOND) Returns On Capital
Dec 21Estimating The Fair Value Of Raymond Limited (NSE:RAYMOND)
Nov 25Is Raymond (NSE:RAYMOND) A Risky Investment?
Nov 04Financial Position Analysis
Short Term Liabilities: RAYMOND's short term assets (₹73.9B) exceed its short term liabilities (₹44.4B).
Long Term Liabilities: RAYMOND's short term assets (₹73.9B) exceed its long term liabilities (₹36.8B).
Debt to Equity History and Analysis
Debt Level: RAYMOND's net debt to equity ratio (55.5%) is considered high.
Reducing Debt: RAYMOND's debt to equity ratio has reduced from 121.2% to 82.7% over the past 5 years.
Debt Coverage: RAYMOND's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: RAYMOND's interest payments on its debt are well covered by EBIT (3.7x coverage).