Ramdevbaba Solvent Balance Sheet Health
Financial Health criteria checks 3/6
Ramdevbaba Solvent has a total shareholder equity of ₹727.6M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are ₹2.3B and ₹1.6B respectively. Ramdevbaba Solvent's EBIT is ₹274.0M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹1.7M.
Key information
152.4%
Debt to equity ratio
₹1.11b
Debt
Interest coverage ratio | 2.8x |
Cash | ₹1.73m |
Equity | ₹727.63m |
Total liabilities | ₹1.56b |
Total assets | ₹2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RBS's short term assets (₹1.2B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: RBS's short term assets (₹1.2B) exceed its long term liabilities (₹407.3M).
Debt to Equity History and Analysis
Debt Level: RBS's net debt to equity ratio (152.1%) is considered high.
Reducing Debt: RBS's debt to equity ratio has reduced from 153.5% to 152.4% over the past 5 years.
Debt Coverage: RBS's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: RBS's interest payments on its debt are not well covered by EBIT (2.8x coverage).