RBZ Jewellers Balance Sheet Health
Financial Health criteria checks 3/6
RBZ Jewellers has a total shareholder equity of ₹1.0B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 97.7%. Its total assets and total liabilities are ₹2.1B and ₹1.1B respectively. RBZ Jewellers's EBIT is ₹400.0M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹6.5M.
Key information
97.7%
Debt to equity ratio
₹1.02b
Debt
Interest coverage ratio | 4.4x |
Cash | ₹6.50m |
Equity | ₹1.05b |
Total liabilities | ₹1.14b |
Total assets | ₹2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RBZJEWEL's short term assets (₹1.8B) exceed its short term liabilities (₹894.7M).
Long Term Liabilities: RBZJEWEL's short term assets (₹1.8B) exceed its long term liabilities (₹249.0M).
Debt to Equity History and Analysis
Debt Level: RBZJEWEL's net debt to equity ratio (97.1%) is considered high.
Reducing Debt: Insufficient data to determine if RBZJEWEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RBZJEWEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RBZJEWEL's interest payments on its debt are well covered by EBIT (4.4x coverage).