Renaissance Global Balance Sheet Health
Financial Health criteria checks 4/6
Renaissance Global has a total shareholder equity of ₹12.0B and total debt of ₹5.7B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are ₹22.3B and ₹10.3B respectively. Renaissance Global's EBIT is ₹1.4B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹2.4B.
Key information
47.8%
Debt to equity ratio
₹5.72b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹2.44b |
| Equity | ₹11.95b |
| Total liabilities | ₹10.34b |
| Total assets | ₹22.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532923's short term assets (₹19.2B) exceed its short term liabilities (₹8.8B).
Long Term Liabilities: 532923's short term assets (₹19.2B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 532923's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: 532923's debt to equity ratio has reduced from 93.4% to 47.8% over the past 5 years.
Debt Coverage: 532923's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: 532923's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:41 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Renaissance Global 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.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |