Rajnish Retail Balance Sheet Health
Financial Health criteria checks 4/6
Rajnish Retail has a total shareholder equity of ₹644.3M and total debt of ₹400.0K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are ₹646.2M and ₹1.9M respectively. Rajnish Retail's EBIT is ₹981.0K making its interest coverage ratio 13.8. It has cash and short-term investments of ₹61.8M.
Key information
0.06%
Debt to equity ratio
₹400.00k
Debt
Interest coverage ratio | 13.8x |
Cash | ₹61.76m |
Equity | ₹644.33m |
Total liabilities | ₹1.88m |
Total assets | ₹646.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530525's short term assets (₹545.9M) exceed its short term liabilities (₹1.5M).
Long Term Liabilities: 530525's short term assets (₹545.9M) exceed its long term liabilities (₹401.0K).
Debt to Equity History and Analysis
Debt Level: 530525 has more cash than its total debt.
Reducing Debt: 530525's debt to equity ratio has increased from 0% to 0.06% over the past 5 years.
Debt Coverage: 530525's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530525's interest payments on its debt are well covered by EBIT (13.8x coverage).