Rajnish Wellness Balance Sheet Health
Financial Health criteria checks 6/6
Rajnish Wellness has a total shareholder equity of ₹839.9M and total debt of ₹49.2M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ₹1.1B and ₹222.8M respectively. Rajnish Wellness's EBIT is ₹19.6M making its interest coverage ratio 3.8. It has cash and short-term investments of ₹2.4M.
Key information
5.9%
Debt to equity ratio
₹49.24m
Debt
Interest coverage ratio | 3.8x |
Cash | ₹2.35m |
Equity | ₹839.89m |
Total liabilities | ₹222.76m |
Total assets | ₹1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541601's short term assets (₹810.3M) exceed its short term liabilities (₹166.9M).
Long Term Liabilities: 541601's short term assets (₹810.3M) exceed its long term liabilities (₹55.9M).
Debt to Equity History and Analysis
Debt Level: 541601's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 541601's debt to equity ratio has reduced from 21% to 5.9% over the past 5 years.
Debt Coverage: 541601's debt is well covered by operating cash flow (34.6%).
Interest Coverage: 541601's interest payments on its debt are well covered by EBIT (3.8x coverage).