Rajkamal Synthetics Balance Sheet Health
Financial Health criteria checks 4/6
Rajkamal Synthetics has a total shareholder equity of ₹132.0K and total debt of ₹2.2M, which brings its debt-to-equity ratio to 1644.7%. Its total assets and total liabilities are ₹3.3M and ₹3.2M respectively. Rajkamal Synthetics's EBIT is ₹1.6M making its interest coverage ratio 14.2. It has cash and short-term investments of ₹862.0K.
Key information
1,644.7%
Debt to equity ratio
₹2.17m
Debt
Interest coverage ratio | 14.2x |
Cash | ₹862.00k |
Equity | ₹132.00k |
Total liabilities | ₹3.21m |
Total assets | ₹3.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514028's short term assets (₹2.8M) exceed its short term liabilities (₹1.0M).
Long Term Liabilities: 514028's short term assets (₹2.8M) exceed its long term liabilities (₹2.2M).
Debt to Equity History and Analysis
Debt Level: 514028's net debt to equity ratio (991.7%) is considered high.
Reducing Debt: 514028's debt to equity ratio has increased from 8.9% to 1644.7% over the past 5 years.
Debt Coverage: 514028's debt is well covered by operating cash flow (89.4%).
Interest Coverage: 514028's interest payments on its debt are well covered by EBIT (14.2x coverage).