Retina Paints Balance Sheet Health
Financial Health criteria checks 3/6
Retina Paints has a total shareholder equity of ₹221.0M and total debt of ₹64.5M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ₹343.2M and ₹122.2M respectively.
Key information
29.2%
Debt to equity ratio
₹64.52m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.56m |
Equity | ₹221.00m |
Total liabilities | ₹122.20m |
Total assets | ₹343.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543902's short term assets (₹228.0M) exceed its short term liabilities (₹97.2M).
Long Term Liabilities: 543902's short term assets (₹228.0M) exceed its long term liabilities (₹25.0M).
Debt to Equity History and Analysis
Debt Level: 543902's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543902's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543902's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 543902's interest payments on its debt are well covered by EBIT.