RDB Rasayans Balance Sheet Health
Financial Health criteria checks 5/6
RDB Rasayans has a total shareholder equity of ₹1.7B and total debt of ₹434.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ₹1.8B and ₹86.2M respectively. RDB Rasayans's EBIT is ₹124.8M making its interest coverage ratio -1. It has cash and short-term investments of ₹475.0M.
Key information
0.02%
Debt to equity ratio
₹434.00k
Debt
Interest coverage ratio | -1x |
Cash | ₹474.97m |
Equity | ₹1.74b |
Total liabilities | ₹86.22m |
Total assets | ₹1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533608's short term assets (₹1.7B) exceed its short term liabilities (₹67.4M).
Long Term Liabilities: 533608's short term assets (₹1.7B) exceed its long term liabilities (₹18.8M).
Debt to Equity History and Analysis
Debt Level: 533608 has more cash than its total debt.
Reducing Debt: 533608's debt to equity ratio has reduced from 16.2% to 0.02% over the past 5 years.
Debt Coverage: 533608's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533608 earns more interest than it pays, so coverage of interest payments is not a concern.