Reliable Ventures India Balance Sheet Health
Financial Health criteria checks 3/6
Reliable Ventures India has a total shareholder equity of ₹313.7M and total debt of ₹5.7M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₹610.3M and ₹296.6M respectively.
Key information
1.8%
Debt to equity ratio
₹5.65m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹139.41m |
| Equity | ₹313.66m |
| Total liabilities | ₹296.63m |
| Total assets | ₹610.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532124's short term assets (₹168.3M) do not cover its short term liabilities (₹271.5M).
Long Term Liabilities: 532124's short term assets (₹168.3M) exceed its long term liabilities (₹25.2M).
Debt to Equity History and Analysis
Debt Level: 532124 has more cash than its total debt.
Reducing Debt: 532124's debt to equity ratio has increased from 1.4% to 1.8% over the past 5 years.
Debt Coverage: 532124's debt is well covered by operating cash flow (4384.5%).
Interest Coverage: Insufficient data to determine if 532124's interest payments on its debt are well covered by EBIT.