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
Anand Rathi Wealth Limited's (NSE:ANANDRATHI) Share Price Matching Investor Opinion
Dec 10
Anand Rathi Wealth (NSE:ANANDRATHI) Is Due To Pay A Dividend Of ₹7.00
Oct 13If EPS Growth Is Important To You, Anand Rathi Wealth (NSE:ANANDRATHI) Presents An Opportunity
Oct 12Is Now The Time To Put Anand Rathi Wealth (NSE:ANANDRATHI) On Your Watchlist?
Jul 12Here's Why We Think Anand Rathi Wealth (NSE:ANANDRATHI) Might Deserve Your Attention Today
Mar 09Investors Appear Satisfied With Anand Rathi Wealth Limited's (NSE:ANANDRATHI) Prospects As Shares Rocket 26%
Feb 03Anand Rathi Wealth's (NSE:ANANDRATHI) Dividend Will Be ₹5.00
Oct 15Here's Why We Think Anand Rathi Wealth (NSE:ANANDRATHI) Is Well Worth Watching
Oct 10Market Might Still Lack Some Conviction On Anand Rathi Wealth Limited (NSE:ANANDRATHI) Even After 26% Share Price Boost
Jan 22Financial Position Analysis
Short Term Liabilities: ANANDRATHI's short term assets (₹5.6B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: ANANDRATHI's short term assets (₹5.6B) exceed its long term liabilities (₹586.5M).
Debt to Equity History and Analysis
Debt Level: ANANDRATHI has more cash than its total debt.
Reducing Debt: ANANDRATHI's debt to equity ratio has reduced from 13.3% to 0.8% over the past 5 years.
Debt Coverage: ANANDRATHI's debt is well covered by operating cash flow (6948.7%).
Interest Coverage: ANANDRATHI's interest payments on its debt are well covered by EBIT (46.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:06 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Anand Rathi Wealth Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rohan Mandora | Equirus Securities Private Limited |
| Lalit Deo | Equirus Securities Private Limited |
| Prayesh Jain | Motilal Oswal Securities Ltd. |