RNFI Services Balance Sheet Health
Financial Health criteria checks 4/6
RNFI Services has a total shareholder equity of ₹320.1M and total debt of ₹302.7M, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are ₹1.9B and ₹1.6B respectively. RNFI Services's EBIT is ₹123.2M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹670.5M.
Key information
94.6%
Debt to equity ratio
₹302.72m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹670.55m |
| Equity | ₹320.07m |
| Total liabilities | ₹1.59b |
| Total assets | ₹1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNFI's short term assets (₹1.4B) do not cover its short term liabilities (₹1.4B).
Long Term Liabilities: RNFI's short term assets (₹1.4B) exceed its long term liabilities (₹183.9M).
Debt to Equity History and Analysis
Debt Level: RNFI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RNFI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RNFI's debt is well covered by operating cash flow (155.5%).
Interest Coverage: RNFI's interest payments on its debt are well covered by EBIT (6.1x coverage).