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
Recent updates
Earnings Beat: Rainbow Children's Medicare Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Oct 30
Is Rainbow Children's Medicare (NSE:RAINBOW) A Risky Investment?
Sep 24Some Confidence Is Lacking In Rainbow Children's Medicare Limited's (NSE:RAINBOW) P/E
Sep 06Earnings Miss: Rainbow Children's Medicare Limited Missed EPS By 5.1% And Analysts Are Revising Their Forecasts
Aug 16Rainbow Children's Medicare (NSE:RAINBOW) Is Experiencing Growth In Returns On Capital
Jun 26Rainbow Children's Medicare (NSE:RAINBOW) Strong Profits May Be Masking Some Underlying Issues
May 27Analysts Have Made A Financial Statement On Rainbow Children's Medicare Limited's (NSE:RAINBOW) Full-Year Report
May 23Is Now The Time To Put Rainbow Children's Medicare (NSE:RAINBOW) On Your Watchlist?
May 07Some Shareholders Feeling Restless Over Rainbow Children's Medicare Limited's (NSE:RAINBOW) P/E Ratio
Mar 20Returns 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 (₹6.9B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: RAINBOW's short term assets (₹6.9B) do not cover its long term liabilities (₹7.5B).
Debt to Equity History and Analysis
Debt Level: RAINBOW is debt free.
Reducing Debt: RAINBOW has no debt compared to 5 years ago when its debt to equity ratio was 14.1%.
Debt Coverage: RAINBOW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RAINBOW has no debt, therefore coverage of interest payments is not a concern.