RattanIndia Enterprises Balance Sheet Health
Financial Health criteria checks 1/6
RattanIndia Enterprises has a total shareholder equity of ₹8.5B and total debt of ₹11.6B, which brings its debt-to-equity ratio to 136.8%. Its total assets and total liabilities are ₹26.9B and ₹18.5B respectively. RattanIndia Enterprises's EBIT is ₹339.8M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹1.7B.
Key information
136.8%
Debt to equity ratio
₹11.56b
Debt
Interest coverage ratio | 0.3x |
Cash | ₹1.67b |
Equity | ₹8.45b |
Total liabilities | ₹18.47b |
Total assets | ₹26.92b |
Recent financial health updates
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 20Is RattanIndia Enterprises (NSE:RTNINDIA) A Risky Investment?
Nov 07Recent updates
Statutory 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 (₹14.6B) do not cover its short term liabilities (₹18.0B).
Long Term Liabilities: RTNINDIA's short term assets (₹14.6B) exceed its long term liabilities (₹504.0M).
Debt to Equity History and Analysis
Debt Level: RTNINDIA's net debt to equity ratio (117%) is considered high.
Reducing Debt: RTNINDIA's debt to equity ratio has increased from 0% to 136.8% 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 (0.3x coverage).