Radiant Cash Management Services Balance Sheet Health
Financial Health criteria checks 6/6
Radiant Cash Management Services has a total shareholder equity of ₹2.5B and total debt of ₹396.6M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ₹3.3B and ₹753.2M respectively. Radiant Cash Management Services's EBIT is ₹580.0M making its interest coverage ratio -17.6. It has cash and short-term investments of ₹1.6B.
Key information
15.8%
Debt to equity ratio
₹396.62m
Debt
| Interest coverage ratio | -17.6x |
| Cash | ₹1.60b |
| Equity | ₹2.52b |
| Total liabilities | ₹753.23m |
| Total assets | ₹3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543732's short term assets (₹2.7B) exceed its short term liabilities (₹704.2M).
Long Term Liabilities: 543732's short term assets (₹2.7B) exceed its long term liabilities (₹49.0M).
Debt to Equity History and Analysis
Debt Level: 543732 has more cash than its total debt.
Reducing Debt: 543732's debt to equity ratio has reduced from 16.4% to 15.8% over the past 5 years.
Debt Coverage: 543732's debt is well covered by operating cash flow (102.4%).
Interest Coverage: 543732 earns more interest than it pays, so coverage of interest payments is not a concern.