Reetech International Cargo and Courier Balance Sheet Health
Financial Health criteria checks 6/6
Reetech International Cargo and Courier has a total shareholder equity of ₹151.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹178.6M and ₹27.4M respectively. Reetech International Cargo and Courier's EBIT is ₹50.0M making its interest coverage ratio -19.4. It has cash and short-term investments of ₹5.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -19.4x |
Cash | ₹5.32m |
Equity | ₹151.21m |
Total liabilities | ₹27.43m |
Total assets | ₹178.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543617's short term assets (₹71.2M) exceed its short term liabilities (₹27.4M).
Long Term Liabilities: 543617 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 543617 is debt free.
Reducing Debt: 543617 has no debt compared to 5 years ago when its debt to equity ratio was 31.5%.
Debt Coverage: 543617 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543617 has no debt, therefore coverage of interest payments is not a concern.