Rishab Special Yarns Balance Sheet Health
Financial Health criteria checks 2/6
Rishab Special Yarns has a total shareholder equity of ₹1.8M and total debt of ₹4.2M, which brings its debt-to-equity ratio to 229.4%. Its total assets and total liabilities are ₹8.5M and ₹6.6M respectively.
Key information
229.4%
Debt to equity ratio
₹4.22m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.00k |
| Equity | ₹1.84m |
| Total liabilities | ₹6.62m |
| Total assets | ₹8.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514177's short term assets (₹1.4M) do not cover its short term liabilities (₹5.8M).
Long Term Liabilities: 514177's short term assets (₹1.4M) exceed its long term liabilities (₹827.0K).
Debt to Equity History and Analysis
Debt Level: 514177's net debt to equity ratio (229.2%) is considered high.
Reducing Debt: 514177 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 514177's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 514177's interest payments on its debt are well covered by EBIT.