Radiant Cash Management Services Balance Sheet Health
Financial Health criteria checks 6/6
Radiant Cash Management Services has a total shareholder equity of ₹2.3B and total debt of ₹267.3M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₹2.8B and ₹472.9M respectively. Radiant Cash Management Services's EBIT is ₹644.6M making its interest coverage ratio -40.7. It has cash and short-term investments of ₹1.4B.
Key information
11.5%
Debt to equity ratio
₹267.27m
Debt
Interest coverage ratio | -40.7x |
Cash | ₹1.39b |
Equity | ₹2.33b |
Total liabilities | ₹472.91m |
Total assets | ₹2.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RADIANTCMS's short term assets (₹2.5B) exceed its short term liabilities (₹471.5M).
Long Term Liabilities: RADIANTCMS's short term assets (₹2.5B) exceed its long term liabilities (₹1.5M).
Debt to Equity History and Analysis
Debt Level: RADIANTCMS has more cash than its total debt.
Reducing Debt: RADIANTCMS's debt to equity ratio has reduced from 18.9% to 11.5% over the past 5 years.
Debt Coverage: RADIANTCMS's debt is well covered by operating cash flow (277.6%).
Interest Coverage: RADIANTCMS earns more interest than it pays, so coverage of interest payments is not a concern.