RattanIndia Enterprises Balance Sheet Health
Financial Health criteria checks 1/6
RattanIndia Enterprises has a total shareholder equity of ₹7.4B and total debt of ₹12.7B, which brings its debt-to-equity ratio to 172.6%. Its total assets and total liabilities are ₹30.3B and ₹23.0B respectively. RattanIndia Enterprises's EBIT is ₹1.7B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.3B.
Key information
172.6%
Debt to equity ratio
₹12.71b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹1.35b |
Equity | ₹7.37b |
Total liabilities | ₹22.95b |
Total assets | ₹30.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534597's short term assets (₹19.4B) do not cover its short term liabilities (₹22.5B).
Long Term Liabilities: 534597's short term assets (₹19.4B) exceed its long term liabilities (₹438.6M).
Debt to Equity History and Analysis
Debt Level: 534597's net debt to equity ratio (154.3%) is considered high.
Reducing Debt: 534597's debt to equity ratio has increased from 0% to 172.6% over the past 5 years.
Debt Coverage: 534597's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 534597's interest payments on its debt are not well covered by EBIT (1.7x coverage).