RITES Balance Sheet Health
Financial Health criteria checks 6/6
RITES has a total shareholder equity of ₹26.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹59.3B and ₹32.4B respectively. RITES's EBIT is ₹5.0B making its interest coverage ratio -7.5. It has cash and short-term investments of ₹8.5B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -7.5x |
| Cash | ₹8.48b |
| Equity | ₹26.93b |
| Total liabilities | ₹32.39b |
| Total assets | ₹59.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541556's short term assets (₹47.0B) exceed its short term liabilities (₹29.9B).
Long Term Liabilities: 541556's short term assets (₹47.0B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 541556 is debt free.
Reducing Debt: 541556 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: 541556 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 541556 has no debt, therefore coverage of interest payments is not a concern.