Rajkamal Synthetics Balance Sheet Health
Financial Health criteria checks 3/6
Rajkamal Synthetics has a total shareholder equity of ₹2.7M and total debt of ₹3.5M, which brings its debt-to-equity ratio to 129.5%. Its total assets and total liabilities are ₹14.4M and ₹11.7M respectively. Rajkamal Synthetics's EBIT is ₹2.4M making its interest coverage ratio 56.2. It has cash and short-term investments of ₹370.0K.
Key information
129.5%
Debt to equity ratio
₹3.47m
Debt
| Interest coverage ratio | 56.2x |
| Cash | ₹370.00k |
| Equity | ₹2.68m |
| Total liabilities | ₹11.68m |
| Total assets | ₹14.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514028's short term assets (₹13.6M) exceed its short term liabilities (₹8.2M).
Long Term Liabilities: 514028's short term assets (₹13.6M) exceed its long term liabilities (₹3.5M).
Debt to Equity History and Analysis
Debt Level: 514028's net debt to equity ratio (115.6%) is considered high.
Reducing Debt: 514028's debt to equity ratio has increased from 8.9% to 129.5% over the past 5 years.
Debt Coverage: 514028's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 514028's interest payments on its debt are well covered by EBIT (56.2x coverage).