Royale Manor Hotels and Industries Balance Sheet Health
Financial Health criteria checks 5/6
Royale Manor Hotels and Industries has a total shareholder equity of ₹588.7M and total debt of ₹38.0M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ₹677.2M and ₹88.5M respectively. Royale Manor Hotels and Industries's EBIT is ₹46.7M making its interest coverage ratio 9.2. It has cash and short-term investments of ₹5.4M.
Key information
6.5%
Debt to equity ratio
₹38.01m
Debt
| Interest coverage ratio | 9.2x |
| Cash | ₹5.39m |
| Equity | ₹588.72m |
| Total liabilities | ₹88.50m |
| Total assets | ₹677.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526640's short term assets (₹143.4M) exceed its short term liabilities (₹53.0M).
Long Term Liabilities: 526640's short term assets (₹143.4M) exceed its long term liabilities (₹35.5M).
Debt to Equity History and Analysis
Debt Level: 526640's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 526640's debt to equity ratio has reduced from 20.1% to 6.5% over the past 5 years.
Debt Coverage: 526640's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526640's interest payments on its debt are well covered by EBIT (9.2x coverage).