Rishi Techtex Limited

BSE:523021 Stock Report

Market Cap: ₹499.6m

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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