REC Balance Sheet Health
Financial Health criteria checks 3/6
REC has a total shareholder equity of ₹652.9B and total debt of ₹4,662.3B, which brings its debt-to-equity ratio to 714.1%. Its total assets and total liabilities are ₹5,348.5B and ₹4,695.5B respectively.
Key information
714.1%
Debt to equity ratio
₹4.66t
Debt
Interest coverage ratio | n/a |
Cash | ₹140.08b |
Equity | ₹652.91b |
Total liabilities | ₹4.70t |
Total assets | ₹5.35t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532955's short term assets (₹5,277.9B) exceed its short term liabilities (₹420.0B).
Long Term Liabilities: 532955's short term assets (₹5,277.9B) exceed its long term liabilities (₹4,275.5B).
Debt to Equity History and Analysis
Debt Level: 532955's net debt to equity ratio (692.6%) is considered high.
Reducing Debt: 532955's debt to equity ratio has reduced from 731.6% to 714.1% over the past 5 years.
Debt Coverage: 532955's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 532955's interest payments on its debt are well covered by EBIT.