Ramdevbaba Solvent Balance Sheet Health
Financial Health criteria checks 4/6
Ramdevbaba Solvent has a total shareholder equity of ₹1.3B and total debt of ₹787.7M, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are ₹2.5B and ₹1.2B respectively. Ramdevbaba Solvent's EBIT is ₹302.0M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹7.4M.
Key information
62.1%
Debt to equity ratio
₹787.65m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹7.41m |
| Equity | ₹1.27b |
| Total liabilities | ₹1.18b |
| Total assets | ₹2.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RBS's short term assets (₹1.2B) exceed its short term liabilities (₹877.9M).
Long Term Liabilities: RBS's short term assets (₹1.2B) exceed its long term liabilities (₹306.1M).
Debt to Equity History and Analysis
Debt Level: RBS's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: RBS's debt to equity ratio has reduced from 160.4% to 62.1% over the past 5 years.
Debt Coverage: RBS's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: RBS's interest payments on its debt are well covered by EBIT (3.5x coverage).