Reliable Data Services Balance Sheet Health
Financial Health criteria checks 2/6
Reliable Data Services has a total shareholder equity of ₹623.9M and total debt of ₹382.4M, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are ₹1.7B and ₹1.1B respectively. Reliable Data Services's EBIT is ₹108.1M making its interest coverage ratio 3. It has cash and short-term investments of ₹60.6M.
Key information
61.3%
Debt to equity ratio
₹382.43m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹60.64m |
| Equity | ₹623.90m |
| Total liabilities | ₹1.08b |
| Total assets | ₹1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544207's short term assets (₹1.1B) exceed its short term liabilities (₹923.4M).
Long Term Liabilities: 544207's short term assets (₹1.1B) exceed its long term liabilities (₹152.5M).
Debt to Equity History and Analysis
Debt Level: 544207's net debt to equity ratio (51.6%) is considered high.
Reducing Debt: 544207's debt to equity ratio has increased from 29.6% to 61.3% over the past 5 years.
Debt Coverage: 544207's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544207's interest payments on its debt are not well covered by EBIT (3x coverage).