Rishi Techtex Limited

BSE:523021 Stock Report

Market Cap: ₹454.3m

Rishi Techtex Balance Sheet Health

Financial Health criteria checks 3/6

Rishi Techtex has a total shareholder equity of ₹327.6M and total debt of ₹241.9M, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are ₹755.8M and ₹428.2M respectively. Rishi Techtex's EBIT is ₹52.2M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹14.1M.

Key information

73.8%

Debt to equity ratio

₹241.89m

Debt

Interest coverage ratio2.2x
Cash₹14.13m
Equity₹327.63m
Total liabilities₹428.21m
Total assets₹755.84m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 523021's short term assets (₹518.8M) exceed its short term liabilities (₹369.2M).

Long Term Liabilities: 523021's short term assets (₹518.8M) exceed its long term liabilities (₹59.0M).

Debt to Equity History and Analysis

Debt Level: 523021's net debt to equity ratio (69.5%) is considered high.

Reducing Debt: 523021's debt to equity ratio has increased from 73.1% to 73.8% over the past 5 years.

Debt Coverage: 523021's debt is well covered by operating cash flow (25.9%).

Interest Coverage: 523021's interest payments on its debt are not well covered by EBIT (2.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 07:27
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rishi Techtex Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Naveed MD.FirstCall Research