Radhika Jeweltech Balance Sheet Health
Financial Health criteria checks 5/6
Radhika Jeweltech has a total shareholder equity of ₹2.6B and total debt of ₹508.6M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹3.2B and ₹561.1M respectively. Radhika Jeweltech's EBIT is ₹674.6M making its interest coverage ratio 22.9. It has cash and short-term investments of ₹25.6M.
Key information
19.2%
Debt to equity ratio
₹508.60m
Debt
| Interest coverage ratio | 22.9x |
| Cash | ₹25.58m |
| Equity | ₹2.65b |
| Total liabilities | ₹561.10m |
| Total assets | ₹3.21b |
Recent financial health updates
Recent updates
Even With A 67% Surge, Cautious Investors Are Not Rewarding Radhika Jeweltech Limited's (NSE:RADHIKAJWE) Performance Completely
Sep 17
Radhika Jeweltech (NSE:RADHIKAJWE) Has A Pretty Healthy Balance Sheet
Sep 08Investors Still Aren't Entirely Convinced By Radhika Jeweltech Limited's (NSE:RADHIKAJWE) Earnings Despite 26% Price Jump
Aug 03Is Now The Time To Put Radhika Jeweltech (NSE:RADHIKAJWE) On Your Watchlist?
Jul 25Radhika Jeweltech (NSE:RADHIKAJWE) Strong Profits May Be Masking Some Underlying Issues
Jun 07Market Might Still Lack Some Conviction On Radhika Jeweltech Limited (NSE:RADHIKAJWE) Even After 25% Share Price Boost
Jan 30Why The 22% Return On Capital At Radhika Jeweltech (NSE:RADHIKAJWE) Should Have Your Attention
Jan 11Radhika Jeweltech's (NSE:RADHIKAJWE) Returns On Capital Are Heading Higher
Aug 01Many Still Looking Away From Radhika Jeweltech Limited (NSE:RADHIKAJWE)
Dec 26Financial Position Analysis
Short Term Liabilities: RADHIKAJWE's short term assets (₹3.1B) exceed its short term liabilities (₹459.9M).
Long Term Liabilities: RADHIKAJWE's short term assets (₹3.1B) exceed its long term liabilities (₹101.2M).
Debt to Equity History and Analysis
Debt Level: RADHIKAJWE's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: RADHIKAJWE's debt to equity ratio has reduced from 30.2% to 19.2% over the past 5 years.
Debt Coverage: RADHIKAJWE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RADHIKAJWE's interest payments on its debt are well covered by EBIT (22.9x coverage).