Rap Media Balance Sheet Health
Financial Health criteria checks 4/6
Rap Media has a total shareholder equity of ₹694.9M and total debt of ₹94.3M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ₹1.0B and ₹352.2M respectively. Rap Media's EBIT is ₹574.5M making its interest coverage ratio 4224.5. It has cash and short-term investments of ₹-6.6M.
Key information
13.6%
Debt to equity ratio
₹94.28m
Debt
| Interest coverage ratio | 4224.5x |
| Cash | -₹6.64m |
| Equity | ₹694.88m |
| Total liabilities | ₹352.23m |
| Total assets | ₹1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531583's short term assets (₹850.1M) exceed its short term liabilities (₹258.0M).
Long Term Liabilities: 531583's short term assets (₹850.1M) exceed its long term liabilities (₹94.3M).
Debt to Equity History and Analysis
Debt Level: 531583's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 531583's debt to equity ratio has increased from 3.9% to 13.6% over the past 5 years.
Debt Coverage: 531583's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 531583's interest payments on its debt are well covered by EBIT (4224.5x coverage).