Renaissance Global Balance Sheet Health
Financial Health criteria checks 5/6
Renaissance Global has a total shareholder equity of ₹10.8B and total debt of ₹6.7B, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are ₹20.4B and ₹9.7B respectively. Renaissance Global's EBIT is ₹1.5B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹2.0B.
Key information
61.8%
Debt to equity ratio
₹6.65b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹2.04b |
| Equity | ₹10.77b |
| Total liabilities | ₹9.67b |
| Total assets | ₹20.43b |
Recent financial health updates
Renaissance Global (NSE:RGL) Has A Pretty Healthy Balance Sheet
Sep 01
Renaissance 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 16Here's Why Renaissance Global (NSE:RGL) Is Weighed Down By Its Debt Load
Dec 07Recent updates
Investors 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 21Returns On Capital At Renaissance Global (NSE:RGL) Paint An Interesting Picture
Jan 31Did Business Growth Power Renaissance Global's (NSE:RGL) Share Price Gain of 124%?
Jan 12A Look At The Intrinsic Value Of Renaissance Global Limited (NSE:RGL)
Dec 22Here's Why Renaissance Global (NSE:RGL) Is Weighed Down By Its Debt Load
Dec 07How Is Renaissance Global's (NSE:RGL) CEO Compensated?
Nov 16Have Insiders Been Buying Renaissance Global Limited (NSE:RGL) Shares This Year?
Oct 27Shareholders Are Thrilled That The Renaissance Global (NSE:RGL) Share Price Increased 236%
Oct 07Returns On Capital At Renaissance Global (NSE:RGL) Paint An Interesting Picture
Sep 15Is Renaissance Global (NSE:RGL) A Risky Investment?
Aug 19Financial Position Analysis
Short Term Liabilities: RGL's short term assets (₹17.2B) exceed its short term liabilities (₹7.9B).
Long Term Liabilities: RGL's short term assets (₹17.2B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: RGL's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: RGL's debt to equity ratio has reduced from 104.5% to 61.8% over the past 5 years.
Debt Coverage: RGL's debt is well covered by operating cash flow (24.7%).
Interest Coverage: RGL's interest payments on its debt are well covered by EBIT (3.2x coverage).