Raymond Lifestyle Balance Sheet Health
Financial Health criteria checks 6/6
Raymond Lifestyle has a total shareholder equity of ₹1.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.1B and ₹1.7B respectively. Raymond Lifestyle's EBIT is ₹582.2M making its interest coverage ratio -69.7. It has cash and short-term investments of ₹1.0B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -69.7x |
| Cash | ₹1.02b |
| Equity | ₹1.41b |
| Total liabilities | ₹1.73b |
| Total assets | ₹3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAYMONDLSL's short term assets (₹2.6B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: RAYMONDLSL's short term assets (₹2.6B) exceed its long term liabilities (₹235.1M).
Debt to Equity History and Analysis
Debt Level: RAYMONDLSL is debt free.
Reducing Debt: RAYMONDLSL has not had any debt for past 5 years.
Debt Coverage: RAYMONDLSL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RAYMONDLSL has no debt, therefore coverage of interest payments is not a concern.