RDB Rasayans Balance Sheet Health
Financial Health criteria checks 5/6
RDB Rasayans has a total shareholder equity of ₹2.0B and total debt of ₹14.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹2.1B and ₹89.3M respectively. RDB Rasayans's EBIT is ₹135.1M making its interest coverage ratio -0.9. It has cash and short-term investments of ₹418.6M.
Key information
0.7%
Debt to equity ratio
₹14.14m
Debt
| Interest coverage ratio | -0.9x |
| Cash | ₹418.65m |
| Equity | ₹2.00b |
| Total liabilities | ₹89.27m |
| Total assets | ₹2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533608's short term assets (₹1.9B) exceed its short term liabilities (₹70.3M).
Long Term Liabilities: 533608's short term assets (₹1.9B) exceed its long term liabilities (₹19.0M).
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 11.6% to 0.7% 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.