Rhetan TMT Balance Sheet Health
Financial Health criteria checks 5/6
Rhetan TMT has a total shareholder equity of ₹866.1M and total debt of ₹151.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹1.2B and ₹302.8M respectively. Rhetan TMT's EBIT is ₹86.0M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹2.6M.
Key information
17.5%
Debt to equity ratio
₹151.61m
Debt
Interest coverage ratio | 6.6x |
Cash | ₹2.56m |
Equity | ₹866.14m |
Total liabilities | ₹302.85m |
Total assets | ₹1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543590's short term assets (₹1.0B) exceed its short term liabilities (₹258.8M).
Long Term Liabilities: 543590's short term assets (₹1.0B) exceed its long term liabilities (₹44.0M).
Debt to Equity History and Analysis
Debt Level: 543590's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543590's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543590's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 543590's interest payments on its debt are well covered by EBIT (6.6x coverage).