Rico Auto Industries Balance Sheet Health
Financial Health criteria checks 2/6
Rico Auto Industries has a total shareholder equity of ₹7.2B and total debt of ₹6.9B, which brings its debt-to-equity ratio to 95.2%. Its total assets and total liabilities are ₹18.9B and ₹11.7B respectively. Rico Auto Industries's EBIT is ₹998.6M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹215.0M.
Key information
95.2%
Debt to equity ratio
₹6.88b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹215.00m |
| Equity | ₹7.23b |
| Total liabilities | ₹11.72b |
| Total assets | ₹18.95b |
Recent financial health updates
These 4 Measures Indicate That Rico Auto Industries (NSE:RICOAUTO) Is Using Debt Extensively
Jun 06
Is Rico Auto Industries (NSE:RICOAUTO) Using Too Much Debt?
Feb 16Is Rico Auto Industries (NSE:RICOAUTO) A Risky Investment?
Jun 19These 4 Measures Indicate That Rico Auto Industries (NSE:RICOAUTO) Is Using Debt In A Risky Way
Feb 25Here's Why Rico Auto Industries (NSE:RICOAUTO) Is Weighed Down By Its Debt Load
Jul 15Is Rico Auto Industries (NSE:RICOAUTO) Using Debt Sensibly?
Nov 23
Recent updates
Rico Auto Industries (NSE:RICOAUTO) Is Reducing Its Dividend To ₹0.60
Aug 25Rico Auto Industries Limited (NSE:RICOAUTO) Stock Rockets 44% As Investors Are Less Pessimistic Than Expected
Mar 16There's Reason For Concern Over Rico Auto Industries Limited's (NSE:RICOAUTO) Price
Jan 31Shareholders Will Probably Hold Off On Increasing Rico Auto Industries Limited's (NSE:RICOAUTO) CEO Compensation For The Time Being
Sep 23Rico Auto Industries' (NSE:RICOAUTO) Dividend Will Be Increased To ₹0.75
Sep 14Rico Auto Industries' (NSE:RICOAUTO) Dividend Will Be Increased To ₹0.75
Aug 31Rico Auto Industries' (NSE:RICOAUTO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 17Rico Auto Industries (NSE:RICOAUTO) Has Some Way To Go To Become A Multi-Bagger
Jun 21These 4 Measures Indicate That Rico Auto Industries (NSE:RICOAUTO) Is Using Debt Extensively
Jun 06Returns On Capital At Rico Auto Industries (NSE:RICOAUTO) Have Stalled
Mar 16Is Rico Auto Industries (NSE:RICOAUTO) Using Too Much Debt?
Feb 16Rico Auto Industries (NSE:RICOAUTO) Hasn't Managed To Accelerate Its Returns
Nov 29Rico Auto Industries (NSE:RICOAUTO) Has Announced That It Will Be Increasing Its Dividend To ₹0.40
Sep 11Returns On Capital At Rico Auto Industries (NSE:RICOAUTO) Have Hit The Brakes
Aug 18Is Rico Auto Industries (NSE:RICOAUTO) A Risky Investment?
Jun 19Returns On Capital Signal Tricky Times Ahead For Rico Auto Industries (NSE:RICOAUTO)
May 12These 4 Measures Indicate That Rico Auto Industries (NSE:RICOAUTO) Is Using Debt In A Risky Way
Feb 25Here's Why Rico Auto Industries (NSE:RICOAUTO) Is Weighed Down By Its Debt Load
Jul 15Rico Auto Industries Limited (NSE:RICOAUTO) Insiders Increased Their Holdings
Mar 16How Should Investors React To Rico Auto Industries' (NSE:RICOAUTO) CEO Pay?
Feb 15Rico Auto Industries'(NSE:RICOAUTO) Share Price Is Down 61% Over The Past Three Years.
Jan 25Should You Buy Rico Auto Industries Limited (NSE:RICOAUTO) For Its 0.8% Dividend?
Jan 04Did Rico Auto Industries Limited (NSE:RICOAUTO) Insiders Buy Up More Shares?
Dec 14Is Rico Auto Industries (NSE:RICOAUTO) Using Debt Sensibly?
Nov 23A Quick Analysis On Rico Auto Industries' (NSE:RICOAUTO) CEO Compensation
Nov 03If You Had Bought Rico Auto Industries' (NSE:RICOAUTO) Shares Three Years Ago You Would Be Down 70%
Oct 07Financial Position Analysis
Short Term Liabilities: RICOAUTO's short term assets (₹7.0B) do not cover its short term liabilities (₹8.0B).
Long Term Liabilities: RICOAUTO's short term assets (₹7.0B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: RICOAUTO's net debt to equity ratio (92.3%) is considered high.
Reducing Debt: RICOAUTO's debt to equity ratio has increased from 52.7% to 95.2% over the past 5 years.
Debt Coverage: RICOAUTO's debt is well covered by operating cash flow (35.9%).
Interest Coverage: RICOAUTO's interest payments on its debt are not well covered by EBIT (1.8x coverage).