Reliance Home Finance Balance Sheet Health
Financial Health criteria checks 1/6
Reliance Home Finance has a total shareholder equity of ₹-679.0M and total debt of ₹865.7M, which brings its debt-to-equity ratio to -127.5%. Its total assets and total liabilities are ₹324.1M and ₹1.0B respectively.
Key information
-127.5%
Debt to equity ratio
₹865.70m
Debt
Interest coverage ratio | n/a |
Cash | ₹127.50m |
Equity | -₹679.00m |
Total liabilities | ₹1.00b |
Total assets | ₹324.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHFL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RHFL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RHFL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RHFL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RHFL's debt is well covered by operating cash flow (4653.2%).
Interest Coverage: Insufficient data to determine if RHFL's interest payments on its debt are well covered by EBIT.