RateGain Travel Technologies Balance Sheet Health
Financial Health criteria checks 5/6
RateGain Travel Technologies has a total shareholder equity of ₹7.7B and total debt of ₹181.5M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ₹10.5B and ₹2.8B respectively. RateGain Travel Technologies's EBIT is ₹1.3B making its interest coverage ratio -8.3. It has cash and short-term investments of ₹4.1B.
Key information
2.4%
Debt to equity ratio
₹181.51m
Debt
| Interest coverage ratio | -8.3x |
| Cash | ₹4.08b |
| Equity | ₹7.71b |
| Total liabilities | ₹2.81b |
| Total assets | ₹10.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543417's short term assets (₹6.3B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 543417's short term assets (₹6.3B) exceed its long term liabilities (₹541.1M).
Debt to Equity History and Analysis
Debt Level: 543417 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543417's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543417's debt is well covered by operating cash flow (576.4%).
Interest Coverage: 543417 earns more interest than it pays, so coverage of interest payments is not a concern.