Reliable Ventures India Balance Sheet Health
Financial Health criteria checks 5/6
Reliable Ventures India has a total shareholder equity of ₹311.1M and total debt of ₹7.8M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹378.6M and ₹67.5M respectively.
Key information
2.5%
Debt to equity ratio
₹7.77m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹138.19m |
| Equity | ₹311.10m |
| Total liabilities | ₹67.53m |
| Total assets | ₹378.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532124's short term assets (₹180.6M) exceed its short term liabilities (₹52.6M).
Long Term Liabilities: 532124's short term assets (₹180.6M) exceed its long term liabilities (₹14.9M).
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 reduced from 4.7% to 2.5% over the past 5 years.
Debt Coverage: 532124's debt is well covered by operating cash flow (125%).
Interest Coverage: Insufficient data to determine if 532124's interest payments on its debt are well covered by EBIT.