Rainbow Children's Medicare Balance Sheet Health
Financial Health criteria checks 4/6
Rainbow Children's Medicare has a total shareholder equity of ₹11.4B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are ₹19.0B and ₹7.5B respectively. Rainbow Children's Medicare's EBIT is ₹3.2B making its interest coverage ratio 12.7. It has cash and short-term investments of ₹4.6B.
Key information
55.1%
Debt to equity ratio
₹6.31b
Debt
Interest coverage ratio | 12.7x |
Cash | ₹4.65b |
Equity | ₹11.45b |
Total liabilities | ₹7.53b |
Total assets | ₹18.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543524's short term assets (₹5.6B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 543524's short term assets (₹5.6B) do not cover its long term liabilities (₹6.3B).
Debt to Equity History and Analysis
Debt Level: 543524's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543524's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543524's debt is well covered by operating cash flow (52.3%).
Interest Coverage: 543524's interest payments on its debt are well covered by EBIT (12.7x coverage).