Rathi Bars Balance Sheet Health
Financial Health criteria checks 2/6
Rathi Bars has a total shareholder equity of ₹954.9M and total debt of ₹660.9M, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are ₹1.8B and ₹811.8M respectively. Rathi Bars's EBIT is ₹91.1M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹5.1M.
Key information
69.2%
Debt to equity ratio
₹660.93m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹5.05m |
| Equity | ₹954.89m |
| Total liabilities | ₹811.75m |
| Total assets | ₹1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532918's short term assets (₹1.3B) exceed its short term liabilities (₹673.0M).
Long Term Liabilities: 532918's short term assets (₹1.3B) exceed its long term liabilities (₹138.7M).
Debt to Equity History and Analysis
Debt Level: 532918's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: 532918's debt to equity ratio has increased from 44.7% to 69.2% over the past 5 years.
Debt Coverage: 532918's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 532918's interest payments on its debt are not well covered by EBIT (1.8x coverage).