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 14These 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
There Is A Reason RattanIndia Enterprises Limited's (NSE:RTNINDIA) Price Is Undemanding
Jan 10These 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).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/01/19 06:26 |
End of Day Share Price | 2025/01/17 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
RattanIndia Enterprises Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Minit Jhaveri | CNI Research Limited |