RNFI Services Balance Sheet Health
Financial Health criteria checks 5/6
RNFI Services has a total shareholder equity of ₹1.0B and total debt of ₹212.1M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹2.6B and ₹1.5B respectively. RNFI Services's EBIT is ₹161.3M making its interest coverage ratio 11.1. It has cash and short-term investments of ₹722.6M.
Key information
20.5%
Debt to equity ratio
₹212.09m
Debt
| Interest coverage ratio | 11.1x |
| Cash | ₹722.55m |
| Equity | ₹1.03b |
| Total liabilities | ₹1.54b |
| Total assets | ₹2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNFI's short term assets (₹1.7B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: RNFI's short term assets (₹1.7B) exceed its long term liabilities (₹172.7M).
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 (71.5%).
Interest Coverage: RNFI's interest payments on its debt are well covered by EBIT (11.1x coverage).