Rockingdeals Circular Economy Balance Sheet Health
Financial Health criteria checks 5/6
Rockingdeals Circular Economy has a total shareholder equity of ₹382.6M and total debt of ₹59.3M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ₹500.7M and ₹118.1M respectively. Rockingdeals Circular Economy's EBIT is ₹99.1M making its interest coverage ratio 32. It has cash and short-term investments of ₹1.8M.
Key information
15.5%
Debt to equity ratio
₹59.31m
Debt
| Interest coverage ratio | 32x |
| Cash | ₹1.79m |
| Equity | ₹382.56m |
| Total liabilities | ₹118.10m |
| Total assets | ₹500.66m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ROCKINGDCE's short term assets (₹411.8M) exceed its short term liabilities (₹116.9M).
Long Term Liabilities: ROCKINGDCE's short term assets (₹411.8M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: ROCKINGDCE's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: ROCKINGDCE's debt to equity ratio has reduced from 156.1% to 15.5% over the past 5 years.
Debt Coverage: ROCKINGDCE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ROCKINGDCE's interest payments on its debt are well covered by EBIT (32x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rockingdeals Circular Economy Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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