Religare Enterprises Limited

NSEI:RELIGARE Stock Report

Market Cap: ₹83.3b

Religare Enterprises Balance Sheet Health

Financial Health criteria checks 4/6

Religare Enterprises has a total shareholder equity of ₹31.7B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ₹95.8B and ₹64.0B respectively. Religare Enterprises's EBIT is ₹1.7B making its interest coverage ratio 2.1. It has cash and short-term investments of ₹10.7B.

Key information

13.9%

Debt to equity ratio

₹4.43b

Debt

Interest coverage ratio2.1x
Cash₹10.72b
Equity₹31.75b
Total liabilities₹64.03b
Total assets₹95.77b

Recent financial health updates

No updates

Recent updates

Investors Holding Back On Religare Enterprises Limited (NSE:RELIGARE)

Oct 01
Investors Holding Back On Religare Enterprises Limited (NSE:RELIGARE)

Religare Enterprises Limited's (NSE:RELIGARE) Shares Not Telling The Full Story

Jun 21
Religare Enterprises Limited's (NSE:RELIGARE) Shares Not Telling The Full Story

Sentiment Still Eluding Religare Enterprises Limited (NSE:RELIGARE)

Jan 25
Sentiment Still Eluding Religare Enterprises Limited (NSE:RELIGARE)

Many Still Looking Away From Religare Enterprises Limited (NSE:RELIGARE)

Aug 05
Many Still Looking Away From Religare Enterprises Limited (NSE:RELIGARE)

The Group Chief Financial Officer of Religare Enterprises Limited (NSE:RELIGARE), Nitin Aggarwal, Just Sold 78% Of Their Holding

Mar 10
The Group Chief Financial Officer of Religare Enterprises Limited (NSE:RELIGARE), Nitin Aggarwal, Just Sold 78% Of Their Holding

Here's What Religare Enterprises Limited's (NSE:RELIGARE) Shareholder Ownership Structure Looks Like

Dec 17
Here's What Religare Enterprises Limited's (NSE:RELIGARE) Shareholder Ownership Structure Looks Like

A Look At Religare Enterprises' (NSE:RELIGARE) Share Price Returns

Oct 26
A Look At Religare Enterprises' (NSE:RELIGARE) Share Price Returns

Is Religare Enterprises Limited (NSE:RELIGARE) Popular Amongst Insiders?

Sep 02
Is Religare Enterprises Limited (NSE:RELIGARE) Popular Amongst Insiders?

Financial Position Analysis

Short Term Liabilities: RELIGARE's short term assets (₹14.4B) exceed its short term liabilities (₹10.2B).

Long Term Liabilities: RELIGARE's short term assets (₹14.4B) do not cover its long term liabilities (₹53.8B).


Debt to Equity History and Analysis

Debt Level: RELIGARE has more cash than its total debt.

Reducing Debt: RELIGARE's debt to equity ratio has reduced from 638.8% to 13.9% over the past 5 years.

Debt Coverage: RELIGARE's debt is well covered by operating cash flow (338.8%).

Interest Coverage: RELIGARE's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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