Rite Zone Chemcon India Balance Sheet Health
Financial Health criteria checks 4/6
Rite Zone Chemcon India has a total shareholder equity of ₹148.1M and total debt of ₹15.4M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ₹208.0M and ₹60.0M respectively. Rite Zone Chemcon India's EBIT is ₹15.3M making its interest coverage ratio -15.9. It has cash and short-term investments of ₹23.3M.
Key information
10.4%
Debt to equity ratio
₹15.40m
Debt
| Interest coverage ratio | -15.9x |
| Cash | ₹23.29m |
| Equity | ₹148.07m |
| Total liabilities | ₹59.97m |
| Total assets | ₹208.04m |
Financial Position Analysis
Short Term Liabilities: RITEZONE's short term assets (₹186.0M) exceed its short term liabilities (₹50.2M).
Long Term Liabilities: RITEZONE's short term assets (₹186.0M) exceed its long term liabilities (₹9.8M).
Debt to Equity History and Analysis
Debt Level: RITEZONE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RITEZONE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RITEZONE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RITEZONE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:04 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rite Zone Chemcon India Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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