Renaissance Global Balance Sheet Health
Financial Health criteria checks 4/6
Renaissance Global has a total shareholder equity of ₹12.0B and total debt of ₹5.7B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are ₹22.3B and ₹10.3B respectively. Renaissance Global's EBIT is ₹1.4B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹2.4B.
Key information
47.8%
Debt to equity ratio
₹5.72b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹2.44b |
| Equity | ₹11.95b |
| Total liabilities | ₹10.34b |
| Total assets | ₹22.30b |
Recent financial health updates
Renaissance Global (NSE:RGL) Has A Somewhat Strained Balance Sheet
Sep 04
Renaissance Global (NSE:RGL) Has A Pretty Healthy Balance Sheet
Sep 01Renaissance Global (NSE:RGL) Has A Pretty Healthy Balance Sheet
Jul 29Here's Why Renaissance Global (NSE:RGL) Can Manage Its Debt Responsibly
Jan 03These 4 Measures Indicate That Renaissance Global (NSE:RGL) Is Using Debt Extensively
Jul 29We Think Renaissance Global (NSE:RGL) Is Taking Some Risk With Its Debt
Mar 16Recent updates
Renaissance Global's (NSE:RGL) Profits May Not Reveal Underlying Issues
Nov 21Renaissance Global Limited's (NSE:RGL) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Nov 05Renaissance Global Limited (NSE:RGL) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Sep 09Renaissance Global (NSE:RGL) Has A Somewhat Strained Balance Sheet
Sep 04Investors Aren't Buying Renaissance Global Limited's (NSE:RGL) Earnings
Mar 14Be Wary Of Renaissance Global (NSE:RGL) And Its Returns On Capital
Jan 05Renaissance Global (NSE:RGL) Has A Pretty Healthy Balance Sheet
Sep 01Renaissance Global (NSE:RGL) Might Have The Makings Of A Multi-Bagger
Jul 01Renaissance Global (NSE:RGL) Has A Pretty Healthy Balance Sheet
Jul 29Is Now An Opportune Moment To Examine Renaissance Global Limited (NSE:RGL)?
Jul 06Investors Met With Slowing Returns on Capital At Renaissance Global (NSE:RGL)
Jun 04Here's Why Renaissance Global (NSE:RGL) Can Manage Its Debt Responsibly
Jan 03Renaissance Global's (NSE:RGL) Returns Have Hit A Wall
Dec 07Renaissance Global's (NSE:RGL) Earnings Are Of Questionable Quality
Nov 15These 4 Measures Indicate That Renaissance Global (NSE:RGL) Is Using Debt Extensively
Jul 29The Returns On Capital At Renaissance Global (NSE:RGL) Don't Inspire Confidence
May 26We Think Renaissance Global (NSE:RGL) Is Taking Some Risk With Its Debt
Mar 16Don't Ignore The Fact That This Insider Just Sold Some Shares In Renaissance Global Limited (NSE:RGL)
Feb 22A Quick Analysis On Renaissance Global's (NSE:RGL) CEO Compensation
Feb 21Financial Position Analysis
Short Term Liabilities: RGL's short term assets (₹19.2B) exceed its short term liabilities (₹8.8B).
Long Term Liabilities: RGL's short term assets (₹19.2B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: RGL's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: RGL's debt to equity ratio has reduced from 93.4% to 47.8% over the past 5 years.
Debt Coverage: RGL's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: RGL's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/11 21:41 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Renaissance Global Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |