Riddhi Siddhi Gluco Biols Balance Sheet Health
Financial Health criteria checks 4/6
Riddhi Siddhi Gluco Biols has a total shareholder equity of ₹15.6B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ₹17.8B and ₹2.3B respectively.
Key information
7.2%
Debt to equity ratio
₹1.12b
Debt
Interest coverage ratio | n/a |
Cash | ₹244.32m |
Equity | ₹15.58b |
Total liabilities | ₹2.27b |
Total assets | ₹17.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524480's short term assets (₹7.8B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 524480's short term assets (₹7.8B) exceed its long term liabilities (₹120.1M).
Debt to Equity History and Analysis
Debt Level: 524480's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 524480's debt to equity ratio has reduced from 24.1% to 7.2% over the past 5 years.
Debt Coverage: 524480's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: Insufficient data to determine if 524480's interest payments on its debt are well covered by EBIT.