Rama Steel Financials
| RAMASTEEL | 12.42 0.01 0.08% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 859.7 M | 818.7 M |
|
|
Rama | Select Account or Indicator |
Understanding current and past Rama Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Rama Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Rama Steel's assets may result in an increase in income on the income statement.
Please note, the presentation of Rama Steel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Rama Steel's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Rama Steel's management manipulating its earnings.
Rama Steel Stock Summary
Rama Steel competes with NMDC, Steel Authority, Embassy Office, Gujarat Narmada, and Indian Metals. Rama Steel is entity of India. It is traded as Stock on NSE exchange.Specialization | Basic Materials, Materials |
| Instrument | India Stock View All |
| Exchange | National Stock Exchange of India |
| ISIN | INE230R01035 |
| Business Address | B-5, Main Road, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.ramasteel.com |
| Phone | 91 11 4344 6600 |
You should never invest in Rama Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Rama Stock, because this is throwing your money away. Analyzing the key information contained in Rama Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Rama Steel Key Financial Ratios
There are many critical financial ratios that Rama Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Rama Steel Tubes reports annually and quarterly.| Revenue | 10.47 B | ||||
| Gross Profit | 949.21 M | ||||
| EBITDA | 630.65 M | ||||
| Net Income | 375.29 M | ||||
| Cash And Equivalents | 34.19 M |
Rama Steel Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.4B | 2.5B | 3.6B | 6.9B | 7.3B | 7.7B | |
| Other Current Liab | 48.3M | 22.6M | 29.9M | 32.7M | 64.1M | 41.3M | |
| Other Liab | 23.5M | 11.9M | 15.3M | 11.7M | 13.5M | 12.5M | |
| Net Tangible Assets | 878.2M | 999.1M | 1.3B | 2.2B | 2.6B | 2.7B | |
| Net Debt | 759.1M | 654.8M | 1.2B | 1.8B | 1.3B | 870.6M | |
| Retained Earnings | 428.2M | 545.2M | 809.8M | 1.1B | 1.6B | 1.6B | |
| Accounts Payable | 592.6M | 503.0M | 693.2M | 2.2B | 2.3B | 2.4B | |
| Cash | 72.6M | 199.6M | 176.5M | 126.1M | 174.1M | 96.5M | |
| Other Assets | 129.8M | 163.8M | 194.7M | 31.0M | 1K | 950.0 | |
| Long Term Debt | 181.5M | 299.8M | 317.8M | 319.8M | 273.2M | 222.5M | |
| Net Receivables | 721.5M | 586.0M | 1.1B | 2.3B | 2.2B | 2.3B | |
| Inventory | 539.4M | 728.6M | 1.0B | 2.0B | 1.3B | 722.5M | |
| Other Current Assets | 345.6M | 175.9M | 473.1M | 952.7M | 2.4B | 2.5B | |
| Total Liab | 1.5B | 1.5B | 2.3B | 4.3B | 3.9B | 4.1B | |
| Short Long Term Debt | 650.1M | 518.7M | 1.1B | 1.6B | 1.2B | 682.0M | |
| Total Current Assets | 1.7B | 1.7B | 2.7B | 5.4B | 6.0B | 6.3B | |
| Short Term Debt | 650.1M | 470.5M | 863.8M | 1.4B | 1.2B | 693.7M | |
| Long Term Debt Total | 181.5M | 299.8M | 317.8M | 319.8M | 367.8M | 247.2M | |
| Intangible Assets | 68K | 313K | 307K | 241K | 189K | 281.0K | |
| Cash And Equivalents | 58.6M | 21.1M | 10.6M | 34.2M | 30.8M | 41.1M |
Rama Steel Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 95.3M | 70.9M | 89.2M | 202.1M | 212.5M | 223.1M | |
| Total Revenue | 3.5B | 4.7B | 7.6B | 13.4B | 10.5B | 5.4B | |
| Gross Profit | 249.3M | 362.8M | 679.7M | 928.1M | 974.4M | 1.0B | |
| Operating Income | 124.0M | 218.9M | 448.8M | 551.7M | 818.7M | 859.7M | |
| Ebit | 94.2M | 210.0M | 474.8M | 535.1M | 574.2M | 602.9M | |
| Ebitda | 123.2M | 244.6M | 517.6M | 580.4M | 630.7M | 662.2M | |
| Cost Of Revenue | 3.2B | 4.3B | 6.9B | 12.4B | 9.5B | 4.9B | |
| Income Before Tax | 28.5M | 147.1M | 359.5M | 349.6M | 375.3M | 394.1M | |
| Net Income | 11.6M | 123.8M | 273.2M | 266.6M | 291.3M | 305.8M | |
| Income Tax Expense | 16.9M | 23.3M | 86.3M | 75.3M | 75.3M | 38.2M | |
| Tax Provision | 16.9M | 8.5M | 86.3M | 75.3M | 75.3M | 48.0M | |
| Interest Income | 46.5M | 62.9M | 115.4M | 185.5M | 213.3M | 223.9M | |
| Net Interest Income | (82.4M) | (77.0M) | (108.9M) | (202.1M) | (212.5M) | (201.8M) |
Rama Steel Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Rama Steel Tubes. It measures of how well Rama is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Rama Steel brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Rama had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Rama Steel has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (25.9M) | (189.2M) | (282.8M) | (959.2M) | 654.1M | 686.9M | |
| Change In Cash | 63.6M | 89.6M | (33.6M) | (61.0M) | 47.9M | 50.3M | |
| Net Borrowings | (69.8M) | 21.0M | 525.8M | 547.6M | 629.7M | 661.2M | |
| Free Cash Flow | 215.7M | 135.0M | (455.2M) | (1.6B) | 46.0M | 48.3M | |
| Depreciation | 29.0M | 34.6M | 42.7M | 47.3M | 56.4M | 34.6M | |
| Other Non Cash Items | 49.4M | 39.5M | 60.9M | 112.8M | 31.9M | 43.6M | |
| Capital Expenditures | 82.3M | 112.2M | 105.4M | 600.2M | 134.9M | 133.4M | |
| Net Income | 28.5M | 147.1M | 359.5M | 349.6M | 375.3M | 394.1M | |
| End Period Cash Flow | 131.2M | 220.8M | 187.1M | 126.1M | 174.1M | 116.0M | |
| Change To Netincome | 73.7M | 62.8M | 147.2M | 195.7M | 225.0M | 236.3M |
Rama Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rama Steel's current stock value. Our valuation model uses many indicators to compare Rama Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rama Steel competition to find correlations between indicators driving Rama Steel's intrinsic value. More Info.Rama Steel Tubes is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rama Steel Tubes is roughly 1.94 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rama Steel's earnings, one of the primary drivers of an investment's value.Rama Steel Tubes Systematic Risk
Rama Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rama Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Rama Steel Tubes correlated with the market. If Beta is less than 0 Rama Steel generally moves in the opposite direction as compared to the market. If Rama Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rama Steel Tubes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rama Steel is generally in the same direction as the market. If Beta > 1 Rama Steel moves generally in the same direction as, but more than the movement of the benchmark.
Rama Steel Tubes Total Assets Over Time
Rama Steel Thematic Clasifications
Rama Steel Tubes is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Rama Steel November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rama Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rama Steel Tubes. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rama Steel Tubes based on widely used predictive technical indicators. In general, we focus on analyzing Rama Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rama Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.42 | |||
| Information Ratio | 0.0521 | |||
| Maximum Drawdown | 30.03 | |||
| Value At Risk | (5.25) | |||
| Potential Upside | 9.94 |
Complementary Tools for Rama Stock analysis
When running Rama Steel's price analysis, check to measure Rama Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rama Steel is operating at the current time. Most of Rama Steel's value examination focuses on studying past and present price action to predict the probability of Rama Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rama Steel's price. Additionally, you may evaluate how the addition of Rama Steel to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |