Rathi Bars Balance Sheet Health
Financial Health criteria checks 3/6
Rathi Bars has a total shareholder equity of ₹923.4M and total debt of ₹655.0M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are ₹1.8B and ₹843.0M respectively. Rathi Bars's EBIT is ₹110.3M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹7.3M.
Key information
70.9%
Debt to equity ratio
₹654.95m
Debt
Interest coverage ratio | 1.5x |
Cash | ₹7.27m |
Equity | ₹923.38m |
Total liabilities | ₹843.00m |
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 (₹682.0M).
Long Term Liabilities: 532918's short term assets (₹1.3B) exceed its long term liabilities (₹161.0M).
Debt to Equity History and Analysis
Debt Level: 532918's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: 532918's debt to equity ratio has increased from 19.2% to 70.9% over the past 5 years.
Debt Coverage: 532918's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 532918's interest payments on its debt are not well covered by EBIT (1.5x coverage).