Rap Media Balance Sheet Health
Financial Health criteria checks 2/6
Rap Media has a total shareholder equity of ₹80.5M and total debt of ₹34.5M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are ₹121.8M and ₹41.3M respectively. Rap Media's EBIT is ₹575.3M making its interest coverage ratio 575252. It has cash and short-term investments of ₹23.0K.
Key information
42.8%
Debt to equity ratio
₹34.45m
Debt
| Interest coverage ratio | 575252x |
| Cash | ₹23.00k |
| Equity | ₹80.48m |
| Total liabilities | ₹41.35m |
| Total assets | ₹121.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531583's short term assets (₹14.2M) do not cover its short term liabilities (₹41.0M).
Long Term Liabilities: 531583's short term assets (₹14.2M) exceed its long term liabilities (₹374.0K).
Debt to Equity History and Analysis
Debt Level: 531583's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: 531583's debt to equity ratio has increased from 3.7% to 42.8% over the past 5 years.
Debt Coverage: 531583's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531583's interest payments on its debt are well covered by EBIT (575252x coverage).