Rir Power Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Rir Power Electronics has a total shareholder equity of ₹386.0M and total debt of ₹319.8M, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are ₹820.6M and ₹434.6M respectively. Rir Power Electronics's EBIT is ₹65.5M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹31.5M.
Key information
82.8%
Debt to equity ratio
₹319.76m
Debt
Interest coverage ratio | 6.6x |
Cash | ₹31.53m |
Equity | ₹386.01m |
Total liabilities | ₹434.61m |
Total assets | ₹820.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517035's short term assets (₹490.0M) exceed its short term liabilities (₹202.4M).
Long Term Liabilities: 517035's short term assets (₹490.0M) exceed its long term liabilities (₹232.3M).
Debt to Equity History and Analysis
Debt Level: 517035's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: 517035's debt to equity ratio has increased from 48.2% to 82.8% over the past 5 years.
Debt Coverage: 517035's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 517035's interest payments on its debt are well covered by EBIT (6.6x coverage).