Anand Rathi Wealth Balance Sheet Health
Financial Health criteria checks 5/6
Anand Rathi Wealth has a total shareholder equity of ₹6.6B and total debt of ₹84.9M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹8.8B and ₹2.2B respectively. Anand Rathi Wealth's EBIT is ₹3.1B making its interest coverage ratio 48.3. It has cash and short-term investments of ₹342.6M.
Key information
1.3%
Debt to equity ratio
₹84.85m
Debt
| Interest coverage ratio | 48.3x |
| Cash | ₹342.56m |
| Equity | ₹6.62b |
| Total liabilities | ₹2.18b |
| Total assets | ₹8.80b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Anand Rathi Wealth (NSE:ANANDRATHI) Might Deserve Your Attention Today
Mar 09
Investors 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 (₹6.1B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: ANANDRATHI's short term assets (₹6.1B) exceed its long term liabilities (₹414.9M).
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 increased from 1.1% to 1.3% over the past 5 years.
Debt Coverage: ANANDRATHI's debt is well covered by operating cash flow (3271.2%).
Interest Coverage: ANANDRATHI's interest payments on its debt are well covered by EBIT (48.3x coverage).