Rishi Laser Balance Sheet Health
Financial Health criteria checks 5/6
Rishi Laser has a total shareholder equity of ₹491.9M and total debt of ₹63.2M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are ₹876.7M and ₹384.8M respectively. Rishi Laser's EBIT is ₹93.8M making its interest coverage ratio 6.5. It has cash and short-term investments of ₹29.0M.
Key information
12.8%
Debt to equity ratio
₹63.20m
Debt
Interest coverage ratio | 6.5x |
Cash | ₹29.04m |
Equity | ₹491.89m |
Total liabilities | ₹384.79m |
Total assets | ₹876.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526861's short term assets (₹295.8M) do not cover its short term liabilities (₹324.5M).
Long Term Liabilities: 526861's short term assets (₹295.8M) exceed its long term liabilities (₹60.3M).
Debt to Equity History and Analysis
Debt Level: 526861's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 526861's debt to equity ratio has reduced from 59.2% to 12.8% over the past 5 years.
Debt Coverage: 526861's debt is well covered by operating cash flow (161.4%).
Interest Coverage: 526861's interest payments on its debt are well covered by EBIT (6.5x coverage).