Rishab Special Yarns Balance Sheet Health
Financial Health criteria checks 2/6
Rishab Special Yarns has a total shareholder equity of ₹3.8M and total debt of ₹1.9M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are ₹8.4M and ₹4.6M respectively.
Key information
50.6%
Debt to equity ratio
₹1.91m
Debt
Interest coverage ratio | n/a |
Cash | ₹54.00k |
Equity | ₹3.77m |
Total liabilities | ₹4.60m |
Total assets | ₹8.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514177's short term assets (₹1.3M) do not cover its short term liabilities (₹3.3M).
Long Term Liabilities: 514177's short term assets (₹1.3M) exceed its long term liabilities (₹1.3M).
Debt to Equity History and Analysis
Debt Level: 514177's net debt to equity ratio (49.2%) 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.