RTS Power Balance Sheet Health
Financial Health criteria checks 4/6
RTS Power has a total shareholder equity of ₹1.4B and total debt of ₹285.3M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹2.0B and ₹627.4M respectively. RTS Power's EBIT is ₹61.1M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹147.8M.
Key information
20.4%
Debt to equity ratio
₹285.26m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹147.76m |
Equity | ₹1.40b |
Total liabilities | ₹627.38m |
Total assets | ₹2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531215's short term assets (₹1.0B) exceed its short term liabilities (₹370.7M).
Long Term Liabilities: 531215's short term assets (₹1.0B) exceed its long term liabilities (₹256.7M).
Debt to Equity History and Analysis
Debt Level: 531215's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 531215's debt to equity ratio has reduced from 22.7% to 20.4% over the past 5 years.
Debt Coverage: 531215's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531215's interest payments on its debt are not well covered by EBIT (2.3x coverage).