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
Is RattanIndia Enterprises (NSE:RTNINDIA) Using Too Much Debt?
Jan 19
Does 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 20Is RattanIndia Enterprises (NSE:RTNINDIA) A Risky Investment?
Nov 07We Think RattanIndia Enterprises (NSE:RTNINDIA) Needs To Drive Business Growth Carefully
May 16Recent updates
Should 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 (₹19.4B) do not cover its short term liabilities (₹22.5B).
Long Term Liabilities: RTNINDIA's short term assets (₹19.4B) exceed its long term liabilities (₹438.6M).
Debt to Equity History and Analysis
Debt Level: RTNINDIA's net debt to equity ratio (154.3%) is considered high.
Reducing Debt: RTNINDIA's debt to equity ratio has increased from 0% to 172.6% over the past 5 years.
Debt Coverage: RTNINDIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RTNINDIA's interest payments on its debt are not well covered by EBIT (1.7x coverage).