Royale Manor Hotels and Industries Balance Sheet Health
Financial Health criteria checks 6/6
Royale Manor Hotels and Industries has a total shareholder equity of ₹524.8M and total debt of ₹89.0M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ₹663.3M and ₹138.5M respectively. Royale Manor Hotels and Industries's EBIT is ₹39.7M making its interest coverage ratio 7.5. It has cash and short-term investments of ₹63.9M.
Key information
17.0%
Debt to equity ratio
₹89.00m
Debt
Interest coverage ratio | 7.5x |
Cash | ₹63.86m |
Equity | ₹524.84m |
Total liabilities | ₹138.47m |
Total assets | ₹663.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526640's short term assets (₹185.7M) exceed its short term liabilities (₹99.1M).
Long Term Liabilities: 526640's short term assets (₹185.7M) exceed its long term liabilities (₹39.3M).
Debt to Equity History and Analysis
Debt Level: 526640's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 526640's debt to equity ratio has reduced from 21% to 17% over the past 5 years.
Debt Coverage: 526640's debt is well covered by operating cash flow (119%).
Interest Coverage: 526640's interest payments on its debt are well covered by EBIT (7.5x coverage).