Ritesh International Balance Sheet Health
Financial Health criteria checks 4/6
Ritesh International has a total shareholder equity of ₹192.5M and total debt of ₹59.8M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are ₹284.0M and ₹91.5M respectively.
Key information
31.1%
Debt to equity ratio
₹59.82m
Debt
Interest coverage ratio | n/a |
Cash | ₹8.38m |
Equity | ₹192.54m |
Total liabilities | ₹91.51m |
Total assets | ₹284.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519097's short term assets (₹169.1M) exceed its short term liabilities (₹88.1M).
Long Term Liabilities: 519097's short term assets (₹169.1M) exceed its long term liabilities (₹3.4M).
Debt to Equity History and Analysis
Debt Level: 519097's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 519097's debt to equity ratio has increased from 11.1% to 31.1% over the past 5 years.
Debt Coverage: 519097's debt is well covered by operating cash flow (68.2%).
Interest Coverage: Insufficient data to determine if 519097's interest payments on its debt are well covered by EBIT.