Rithwik Facility Management Services Balance Sheet Health
Financial Health criteria checks 5/6
Rithwik Facility Management Services has a total shareholder equity of ₹196.1M and total debt of ₹37.4M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ₹282.6M and ₹86.5M respectively. Rithwik Facility Management Services's EBIT is ₹38.2M making its interest coverage ratio 19.3. It has cash and short-term investments of ₹19.3M.
Key information
19.1%
Debt to equity ratio
₹37.44m
Debt
Interest coverage ratio | 19.3x |
Cash | ₹19.32m |
Equity | ₹196.10m |
Total liabilities | ₹86.50m |
Total assets | ₹282.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540843's short term assets (₹93.2M) exceed its short term liabilities (₹54.3M).
Long Term Liabilities: 540843's short term assets (₹93.2M) exceed its long term liabilities (₹32.2M).
Debt to Equity History and Analysis
Debt Level: 540843's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 540843's debt to equity ratio has increased from 8.7% to 19.1% over the past 5 years.
Debt Coverage: 540843's debt is well covered by operating cash flow (54.7%).
Interest Coverage: 540843's interest payments on its debt are well covered by EBIT (19.3x coverage).