CARE Ratings Balance Sheet Health
Financial Health criteria checks 6/6
CARE Ratings has a total shareholder equity of ₹7.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹8.4B and ₹1.2B respectively. CARE Ratings's EBIT is ₹1.0B making its interest coverage ratio -2.5. It has cash and short-term investments of ₹6.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -2.5x |
Cash | ₹6.23b |
Equity | ₹7.25b |
Total liabilities | ₹1.17b |
Total assets | ₹8.42b |
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 02CARE 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 27Financial Position Analysis
Short Term Liabilities: CARERATING's short term assets (₹6.7B) exceed its short term liabilities (₹786.8M).
Long Term Liabilities: CARERATING's short term assets (₹6.7B) exceed its long term liabilities (₹385.0M).
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.