R & B Denims Balance Sheet Health
Financial Health criteria checks 4/6
R & B Denims has a total shareholder equity of ₹1.1B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are ₹2.6B and ₹1.5B respectively. R & B Denims's EBIT is ₹296.6M making its interest coverage ratio 4.7. It has cash and short-term investments of ₹36.5M.
Key information
95.7%
Debt to equity ratio
₹1.08b
Debt
Interest coverage ratio | 4.7x |
Cash | ₹36.47m |
Equity | ₹1.13b |
Total liabilities | ₹1.47b |
Total assets | ₹2.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538119's short term assets (₹1.5B) exceed its short term liabilities (₹931.3M).
Long Term Liabilities: 538119's short term assets (₹1.5B) exceed its long term liabilities (₹542.8M).
Debt to Equity History and Analysis
Debt Level: 538119's net debt to equity ratio (92.5%) is considered high.
Reducing Debt: 538119's debt to equity ratio has reduced from 147.1% to 95.7% over the past 5 years.
Debt Coverage: 538119's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538119's interest payments on its debt are well covered by EBIT (4.7x coverage).