Radico Khaitan Balance Sheet Health
Financial Health criteria checks 4/6
Radico Khaitan has a total shareholder equity of ₹23.1B and total debt of ₹8.8B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are ₹40.2B and ₹17.1B respectively. Radico Khaitan's EBIT is ₹3.5B making its interest coverage ratio 7.5. It has cash and short-term investments of ₹553.9M.
Key information
38.3%
Debt to equity ratio
₹8.83b
Debt
Interest coverage ratio | 7.5x |
Cash | ₹553.88m |
Equity | ₹23.06b |
Total liabilities | ₹17.11b |
Total assets | ₹40.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532497's short term assets (₹20.5B) exceed its short term liabilities (₹12.1B).
Long Term Liabilities: 532497's short term assets (₹20.5B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: 532497's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 532497's debt to equity ratio has increased from 30.9% to 38.3% over the past 5 years.
Debt Coverage: 532497's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 532497's interest payments on its debt are well covered by EBIT (7.5x coverage).