Raminfo Balance Sheet Health
Financial Health criteria checks 6/6
Raminfo has a total shareholder equity of ₹346.1M and total debt of ₹4.2M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹1.1B and ₹718.8M respectively. Raminfo's EBIT is ₹73.4M making its interest coverage ratio -4.3. It has cash and short-term investments of ₹391.0M.
Key information
1.2%
Debt to equity ratio
₹4.22m
Debt
Interest coverage ratio | -4.3x |
Cash | ₹391.04m |
Equity | ₹346.13m |
Total liabilities | ₹718.85m |
Total assets | ₹1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530951's short term assets (₹902.2M) exceed its short term liabilities (₹710.2M).
Long Term Liabilities: 530951's short term assets (₹902.2M) exceed its long term liabilities (₹8.6M).
Debt to Equity History and Analysis
Debt Level: 530951 has more cash than its total debt.
Reducing Debt: 530951's debt to equity ratio has reduced from 26.2% to 1.2% over the past 5 years.
Debt Coverage: 530951's debt is well covered by operating cash flow (9909.5%).
Interest Coverage: 530951 earns more interest than it pays, so coverage of interest payments is not a concern.