Rithwik Facility Management Services Balance Sheet Health
Financial Health criteria checks 5/6
Rithwik Facility Management Services has a total shareholder equity of ₹220.0M and total debt of ₹36.9M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ₹308.6M and ₹88.7M respectively. Rithwik Facility Management Services's EBIT is ₹39.2M making its interest coverage ratio 10.8. It has cash and short-term investments of ₹21.6M.
Key information
16.8%
Debt to equity ratio
₹36.93m
Debt
| Interest coverage ratio | 10.8x |
| Cash | ₹21.56m |
| Equity | ₹219.98m |
| Total liabilities | ₹88.67m |
| Total assets | ₹308.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540843's short term assets (₹93.0M) exceed its short term liabilities (₹62.3M).
Long Term Liabilities: 540843's short term assets (₹93.0M) exceed its long term liabilities (₹26.4M).
Debt to Equity History and Analysis
Debt Level: 540843's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 540843's debt to equity ratio has increased from 5.3% to 16.8% over the past 5 years.
Debt Coverage: 540843's debt is well covered by operating cash flow (123%).
Interest Coverage: 540843's interest payments on its debt are well covered by EBIT (10.8x coverage).