RTS Power Balance Sheet Health
Financial Health criteria checks 4/6
RTS Power has a total shareholder equity of ₹1.5B and total debt of ₹244.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are ₹2.3B and ₹791.5M respectively. RTS Power's EBIT is ₹72.9M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹168.6M.
Key information
16.7%
Debt to equity ratio
₹244.19m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹168.64m |
| Equity | ₹1.46b |
| Total liabilities | ₹791.46m |
| Total assets | ₹2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531215's short term assets (₹1.2B) exceed its short term liabilities (₹534.6M).
Long Term Liabilities: 531215's short term assets (₹1.2B) exceed its long term liabilities (₹256.8M).
Debt to Equity History and Analysis
Debt Level: 531215's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 531215's debt to equity ratio has increased from 16.4% to 16.7% over the past 5 years.
Debt Coverage: 531215's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 531215's interest payments on its debt are not well covered by EBIT (2.3x coverage).