Rainbow Children's Medicare Balance Sheet Health
Financial Health criteria checks 4/6
Rainbow Children's Medicare has a total shareholder equity of ₹12.6B and total debt of ₹7.7B, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are ₹21.7B and ₹9.1B respectively. Rainbow Children's Medicare's EBIT is ₹3.2B making its interest coverage ratio 9.2. It has cash and short-term investments of ₹5.0B.
Key information
60.5%
Debt to equity ratio
₹7.65b
Debt
| Interest coverage ratio | 9.2x |
| Cash | ₹5.02b |
| Equity | ₹12.65b |
| Total liabilities | ₹9.05b |
| Total assets | ₹21.70b |
Recent financial health updates
No updates
Recent updates
Earnings Miss: Rainbow Children's Medicare Limited Missed EPS By 5.1% And Analysts Are Revising Their Forecasts
Aug 16
Rainbow 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 (₹6.2B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: RAINBOW's short term assets (₹6.2B) do not cover its long term liabilities (₹7.6B).
Debt to Equity History and Analysis
Debt Level: RAINBOW's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: RAINBOW's debt to equity ratio has increased from 14.1% to 60.5% over the past 5 years.
Debt Coverage: RAINBOW's debt is well covered by operating cash flow (42%).
Interest Coverage: RAINBOW's interest payments on its debt are well covered by EBIT (9.2x coverage).