R & B Denims Financial Health
How is R & B Denims's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 538119's short term assets (₹1.0B) exceed its short term liabilities (₹450.0M).
Long Term Liabilities: 538119's short term assets (₹1.0B) exceed its long term liabilities (₹457.8M).
Debt to Equity History and Analysis
Debt Level: 538119's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: 538119's debt to equity ratio has reduced from 139.9% to 76.8% over the past 5 years.
Debt Coverage: 538119's debt is well covered by operating cash flow (83.7%).
Interest Coverage: 538119's interest payments on its debt are well covered by EBIT (6.8x coverage).