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
Some Shareholders Feeling Restless Over Rainbow Children's Medicare Limited's (NSE:RAINBOW) P/E Ratio
Mar 20
Returns At Rainbow Children's Medicare (NSE:RAINBOW) Are On The Way Up
Feb 13Is Now The Time To Put Rainbow Children's Medicare (NSE:RAINBOW) On Your Watchlist?
Jan 18Impressive Earnings May Not Tell The Whole Story For Rainbow Children's Medicare (NSE:RAINBOW)
Nov 07Here's Why Rainbow Children's Medicare (NSE:RAINBOW) Has Caught The Eye Of Investors
Oct 18A Look At The Fair Value Of Rainbow Children's Medicare Limited (NSE:RAINBOW)
Aug 29With EPS Growth And More, Rainbow Children's Medicare (NSE:RAINBOW) Makes An Interesting Case
Jul 08Earnings Beat: Rainbow Children's Medicare Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 18Getting In Cheap On Rainbow Children's Medicare Limited (NSE:RAINBOW) Is Unlikely
Feb 11Are Investors Undervaluing Rainbow Children's Medicare Limited (NSE:RAINBOW) By 24%?
Sep 20Financial Position Analysis
Short Term Liabilities: RAINBOW's short term assets (₹5.6B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: RAINBOW's short term assets (₹5.6B) do not cover its long term liabilities (₹6.3B).
Debt to Equity History and Analysis
Debt Level: RAINBOW's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RAINBOW's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RAINBOW's debt is well covered by operating cash flow (52.3%).
Interest Coverage: RAINBOW's interest payments on its debt are well covered by EBIT (12.7x coverage).