RRIL Balance Sheet Health
Financial Health criteria checks 4/6
RRIL has a total shareholder equity of ₹1.2B and total debt of ₹207.4M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ₹1.5B and ₹319.2M respectively. RRIL's EBIT is ₹50.3M making its interest coverage ratio -1.6. It has cash and short-term investments of ₹2.3M.
Key information
17.0%
Debt to equity ratio
₹207.42m
Debt
| Interest coverage ratio | -1.6x |
| Cash | ₹2.31m |
| Equity | ₹1.22b |
| Total liabilities | ₹319.20m |
| Total assets | ₹1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531307's short term assets (₹634.4M) exceed its short term liabilities (₹152.1M).
Long Term Liabilities: 531307's short term assets (₹634.4M) exceed its long term liabilities (₹167.1M).
Debt to Equity History and Analysis
Debt Level: 531307's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: 531307's debt to equity ratio has increased from 0% to 17% over the past 5 years.
Debt Coverage: 531307's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531307 earns more interest than it pays, so coverage of interest payments is not a concern.