Anand Rathi Wealth Balance Sheet Health
Financial Health criteria checks 6/6
Anand Rathi Wealth has a total shareholder equity of ₹5.7B and total debt of ₹43.1M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹8.5B and ₹2.8B respectively. Anand Rathi Wealth's EBIT is ₹3.7B making its interest coverage ratio 46.8. It has cash and short-term investments of ₹1.2B.
Key information
0.8%
Debt to equity ratio
₹43.10m
Debt
| Interest coverage ratio | 46.8x |
| Cash | ₹1.20b |
| Equity | ₹5.67b |
| Total liabilities | ₹2.84b |
| Total assets | ₹8.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543415's short term assets (₹5.6B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 543415's short term assets (₹5.6B) exceed its long term liabilities (₹586.5M).
Debt to Equity History and Analysis
Debt Level: 543415 has more cash than its total debt.
Reducing Debt: 543415's debt to equity ratio has reduced from 13.3% to 0.8% over the past 5 years.
Debt Coverage: 543415's debt is well covered by operating cash flow (6948.7%).
Interest Coverage: 543415's interest payments on its debt are well covered by EBIT (46.8x coverage).