Riddhi Services Balance Sheet Health
Financial Health criteria checks 0/6
Riddhi Services has a total shareholder equity of ₹541.5M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 210.8%. Its total assets and total liabilities are ₹1.9B and ₹1.4B respectively. Riddhi Services's EBIT is ₹132.6M making its interest coverage ratio 2. It has cash and short-term investments of ₹48.1M.
Key information
210.8%
Debt to equity ratio
₹1.14b
Debt
Interest coverage ratio | 2x |
Cash | ₹48.13m |
Equity | ₹541.47m |
Total liabilities | ₹1.35b |
Total assets | ₹1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540590's short term assets (₹127.0M) do not cover its short term liabilities (₹326.2M).
Long Term Liabilities: 540590's short term assets (₹127.0M) do not cover its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 540590's net debt to equity ratio (201.9%) is considered high.
Reducing Debt: 540590's debt to equity ratio has increased from 42.8% to 210.8% over the past 5 years.
Debt Coverage: 540590's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540590's interest payments on its debt are not well covered by EBIT (2x coverage).