CARE Ratings Balance Sheet Health
Financial Health criteria checks 6/6
CARE Ratings has a total shareholder equity of ₹7.6B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹8.9B and ₹1.3B respectively. CARE Ratings's EBIT is ₹1.2B making its interest coverage ratio -2.9. It has cash and short-term investments of ₹869.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.9x |
| Cash | ₹869.53m |
| Equity | ₹7.62b |
| Total liabilities | ₹1.31b |
| Total assets | ₹8.94b |
Recent financial health updates
No updates
Recent updates
CARE Ratings Limited's (NSE:CARERATING) Business Is Yet to Catch Up With Its Share Price
Feb 02
CARE Ratings Limited (NSE:CARERATING) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Feb 01CARE Ratings (NSE:CARERATING) Has Announced That It Will Be Increasing Its Dividend To ₹6.00
Aug 21CARE Ratings (NSE:CARERATING) Is Increasing Its Dividend To ₹6.00
Aug 06Read This Before Buying CARE Ratings Limited (NSE:CARERATING) For Its Dividend
Apr 01How Much Did CARE Ratings'(NSE:CARERATING) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 05What Kind Of Shareholders Hold The Majority In CARE Ratings Limited's (NSE:CARERATING) Shares?
Feb 05Tread With Caution Around CARE Ratings Limited's (NSE:CARERATING) 3.7% Dividend Yield
Jan 01If You Had Bought CARE Ratings' (NSE:CARERATING) Shares Three Years Ago You Would Be Down 63%
Nov 27
Financial Position Analysis
Short Term Liabilities: CARERATING's short term assets (₹7.3B) exceed its short term liabilities (₹935.2M).
Long Term Liabilities: CARERATING's short term assets (₹7.3B) exceed its long term liabilities (₹377.1M).
Debt to Equity History and Analysis
Debt Level: CARERATING is debt free.
Reducing Debt: CARERATING had no debt 5 years ago.
Debt Coverage: CARERATING has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CARERATING has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 13:24 |
| End of Day Share Price | 2025/01/23 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
CARE Ratings Limited is covered by 7 analysts. 1 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 |
|---|---|
| Pankaj Kadu | Axis Capital Limited |
| null null | Batlivala & Karani Securities India Pvt. Ltd. |
| Gaurav Jani | Centrum Broking Limited |