Rainbow Children's Medicare Balance Sheet Health
Financial Health criteria checks 5/6
Rainbow Children's Medicare has a total shareholder equity of ₹13.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹22.6B and ₹9.1B respectively. Rainbow Children's Medicare's EBIT is ₹3.4B making its interest coverage ratio 8.6. It has cash and short-term investments of ₹4.5B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 8.6x |
| Cash | ₹4.50b |
| Equity | ₹13.50b |
| Total liabilities | ₹9.12b |
| Total assets | ₹22.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543524's short term assets (₹6.9B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 543524's short term assets (₹6.9B) do not cover its long term liabilities (₹7.5B).
Debt to Equity History and Analysis
Debt Level: 543524 is debt free.
Reducing Debt: 543524 has no debt compared to 5 years ago when its debt to equity ratio was 14.1%.
Debt Coverage: 543524 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543524 has no debt, therefore coverage of interest payments is not a concern.