RRIL Balance Sheet Health
Financial Health criteria checks 4/6
RRIL has a total shareholder equity of ₹952.6M and total debt of ₹204.8M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₹1.3B and ₹338.8M respectively. RRIL's EBIT is ₹104.6M making its interest coverage ratio -11.1. It has cash and short-term investments of ₹931.0K.
Key information
21.5%
Debt to equity ratio
₹204.76m
Debt
Interest coverage ratio | -11.1x |
Cash | ₹931.00k |
Equity | ₹952.60m |
Total liabilities | ₹338.85m |
Total assets | ₹1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531307's short term assets (₹715.8M) exceed its short term liabilities (₹230.8M).
Long Term Liabilities: 531307's short term assets (₹715.8M) exceed its long term liabilities (₹108.1M).
Debt to Equity History and Analysis
Debt Level: 531307's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 531307's debt to equity ratio has increased from 0% to 21.5% over the past 5 years.
Debt Coverage: 531307's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 531307 earns more interest than it pays, so coverage of interest payments is not a concern.