RattanIndia Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
RattanIndia Enterprises has a total shareholder equity of ₹14.5B and total debt of ₹12.3B, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are ₹38.0B and ₹23.5B respectively. RattanIndia Enterprises's EBIT is ₹4.1B making its interest coverage ratio 4.1. It has cash and short-term investments of ₹1.1B.
Key information
84.4%
Debt to equity ratio
₹12.28b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹1.07b |
| Equity | ₹14.55b |
| Total liabilities | ₹23.45b |
| Total assets | ₹38.00b |
Recent financial health updates
These 4 Measures Indicate That RattanIndia Enterprises (NSE:RTNINDIA) Is Using Debt Reasonably Well
Nov 14
These 4 Measures Indicate That RattanIndia Enterprises (NSE:RTNINDIA) Is Using Debt Reasonably Well
Jun 04Is RattanIndia Enterprises (NSE:RTNINDIA) Using Too Much Debt?
Jan 19Does RattanIndia Enterprises (NSE:RTNINDIA) Have A Healthy Balance Sheet?
Mar 29Is RattanIndia Enterprises (NSE:RTNINDIA) Using Debt Sensibly?
Sep 22Would RattanIndia Enterprises (NSE:RTNINDIA) Be Better Off With Less Debt?
Feb 20Recent updates
These 4 Measures Indicate That RattanIndia Enterprises (NSE:RTNINDIA) Is Using Debt Reasonably Well
Nov 14RattanIndia Enterprises Limited (NSE:RTNINDIA) Might Not Be As Mispriced As It Looks
Sep 28There's Been No Shortage Of Growth Recently For RattanIndia Enterprises' (NSE:RTNINDIA) Returns On Capital
Jul 03Statutory Earnings May Not Be The Best Way To Understand RattanIndia Enterprises' (NSE:RTNINDIA) True Position
Jun 06These 4 Measures Indicate That RattanIndia Enterprises (NSE:RTNINDIA) Is Using Debt Reasonably Well
Jun 04There's No Escaping RattanIndia Enterprises Limited's (NSE:RTNINDIA) Muted Earnings
Apr 30Should You Investigate RattanIndia Enterprises Limited (NSE:RTNINDIA) At ₹76.65?
Apr 03Why The 21% Return On Capital At RattanIndia Enterprises (NSE:RTNINDIA) Should Have Your Attention
Feb 13Is RattanIndia Enterprises (NSE:RTNINDIA) Using Too Much Debt?
Jan 19RattanIndia Enterprises Limited (NSE:RTNINDIA) Investors Are Less Pessimistic Than Expected
Dec 29What Does RattanIndia Enterprises Limited's (NSE:RTNINDIA) Share Price Indicate?
Oct 24Insufficient Growth At RattanIndia Enterprises Limited (NSE:RTNINDIA) Hampers Share Price
Jun 27Does RattanIndia Enterprises (NSE:RTNINDIA) Have A Healthy Balance Sheet?
Mar 29RattanIndia Enterprises' (NSE:RTNINDIA) Returns On Capital Are Heading Higher
Jan 17Is RattanIndia Enterprises (NSE:RTNINDIA) Using Debt Sensibly?
Sep 22Robust Earnings May Not Tell The Whole Story For RattanIndia Enterprises (NSE:RTNINDIA)
Jun 07Would RattanIndia Enterprises (NSE:RTNINDIA) Be Better Off With Less Debt?
Feb 20Is RattanIndia Enterprises (NSE:RTNINDIA) A Risky Investment?
Nov 07We Think RattanIndia Enterprises (NSE:RTNINDIA) Needs To Drive Business Growth Carefully
May 16We Think RattanIndia Infrastructure (NSE:RTNINFRA) Needs To Drive Business Growth Carefully
Jan 31Financial Position Analysis
Short Term Liabilities: RTNINDIA's short term assets (₹14.4B) do not cover its short term liabilities (₹21.4B).
Long Term Liabilities: RTNINDIA's short term assets (₹14.4B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: RTNINDIA's net debt to equity ratio (77%) is considered high.
Reducing Debt: RTNINDIA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RTNINDIA's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: RTNINDIA's interest payments on its debt are well covered by EBIT (4.1x coverage).