RateGain Travel Technologies Balance Sheet Health
Financial Health criteria checks 6/6
RateGain Travel Technologies has a total shareholder equity of ₹15.6B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹18.2B and ₹2.7B respectively. RateGain Travel Technologies's EBIT is ₹1.8B making its interest coverage ratio -4.7. It has cash and short-term investments of ₹10.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -4.7x |
| Cash | ₹10.24b |
| Equity | ₹15.57b |
| Total liabilities | ₹2.65b |
| Total assets | ₹18.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543417's short term assets (₹12.9B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 543417's short term assets (₹12.9B) exceed its long term liabilities (₹308.1M).
Debt to Equity History and Analysis
Debt Level: 543417 is debt free.
Reducing Debt: 543417 has no debt compared to 5 years ago when its debt to equity ratio was 49.9%.
Debt Coverage: 543417 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543417 has no debt, therefore coverage of interest payments is not a concern.