RBZ Jewellers Balance Sheet Health
Financial Health criteria checks 3/6
RBZ Jewellers has a total shareholder equity of ₹2.2B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are ₹3.8B and ₹1.6B respectively. RBZ Jewellers's EBIT is ₹429.5M making its interest coverage ratio 6.7. It has cash and short-term investments of ₹146.3M.
Key information
53.1%
Debt to equity ratio
₹1.19b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₹146.26m |
| Equity | ₹2.24b |
| Total liabilities | ₹1.56b |
| Total assets | ₹3.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RBZJEWEL's short term assets (₹3.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: RBZJEWEL's short term assets (₹3.5B) exceed its long term liabilities (₹240.8M).
Debt to Equity History and Analysis
Debt Level: RBZJEWEL's net debt to equity ratio (46.6%) 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 (6.7x coverage).