Rich Universe Network Balance Sheet Health
Financial Health criteria checks 4/6
Rich Universe Network has a total shareholder equity of ₹74.1M and total debt of ₹15.1M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹170.8M and ₹96.7M respectively. Rich Universe Network's EBIT is ₹2.1M making its interest coverage ratio 951.7. It has cash and short-term investments of ₹355.0K.
Key information
20.4%
Debt to equity ratio
₹15.09m
Debt
Interest coverage ratio | 951.7x |
Cash | ₹355.00k |
Equity | ₹74.05m |
Total liabilities | ₹96.70m |
Total assets | ₹170.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530271's short term assets (₹163.8M) exceed its short term liabilities (₹96.7M).
Long Term Liabilities: 530271 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530271's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 530271's debt to equity ratio has increased from 14.7% to 20.4% over the past 5 years.
Debt Coverage: 530271's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530271's interest payments on its debt are well covered by EBIT (951.7x coverage).