Radiowalla Network Balance Sheet Health
Financial Health criteria checks 5/6
Radiowalla Network has a total shareholder equity of ₹33.5M and total debt of ₹7.9M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are ₹78.4M and ₹44.9M respectively. Radiowalla Network's EBIT is ₹11.9M making its interest coverage ratio 26.1. It has cash and short-term investments of ₹218.4K.
Key information
23.5%
Debt to equity ratio
₹7.87m
Debt
Interest coverage ratio | 26.1x |
Cash | ₹218.39k |
Equity | ₹33.50m |
Total liabilities | ₹44.89m |
Total assets | ₹78.38m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RADIOWALLA's short term assets (₹55.8M) exceed its short term liabilities (₹43.7M).
Long Term Liabilities: RADIOWALLA's short term assets (₹55.8M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: RADIOWALLA's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RADIOWALLA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RADIOWALLA's debt is well covered by operating cash flow (128.9%).
Interest Coverage: RADIOWALLA's interest payments on its debt are well covered by EBIT (26.1x coverage).