Roni Households Balance Sheet Health
Financial Health criteria checks 5/6
Roni Households has a total shareholder equity of ₹183.2M and total debt of ₹51.1M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are ₹280.4M and ₹97.2M respectively. Roni Households's EBIT is ₹11.0M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹4.5M.
Key information
27.9%
Debt to equity ratio
₹51.08m
Debt
| Interest coverage ratio | 6.9x |
| Cash | ₹4.53m |
| Equity | ₹183.20m |
| Total liabilities | ₹97.21m |
| Total assets | ₹280.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542145's short term assets (₹255.9M) exceed its short term liabilities (₹59.4M).
Long Term Liabilities: 542145's short term assets (₹255.9M) exceed its long term liabilities (₹37.8M).
Debt to Equity History and Analysis
Debt Level: 542145's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: 542145's debt to equity ratio has reduced from 72.1% to 27.9% over the past 5 years.
Debt Coverage: 542145's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542145's interest payments on its debt are well covered by EBIT (6.9x coverage).