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
Why We're Not Concerned About RateGain Travel Technologies Limited's (NSE:RATEGAIN) Share Price
Mar 27
RateGain Travel Technologies Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 06We Ran A Stock Scan For Earnings Growth And RateGain Travel Technologies (NSE:RATEGAIN) Passed With Ease
Dec 16RateGain Travel Technologies (NSE:RATEGAIN) Is Experiencing Growth In Returns On Capital
Sep 05Does RateGain Travel Technologies (NSE:RATEGAIN) Deserve A Spot On Your Watchlist?
Jul 04RateGain Travel Technologies (NSE:RATEGAIN) Is Experiencing Growth In Returns On Capital
Apr 05Results: RateGain Travel Technologies Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 11The Strong Earnings Posted By RateGain Travel Technologies (NSE:RATEGAIN) Are A Good Indication Of The Strength Of The Business
May 24Financial Position Analysis
Short Term Liabilities: RATEGAIN's short term assets (₹6.3B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: RATEGAIN's short term assets (₹6.3B) exceed its long term liabilities (₹541.1M).
Debt to Equity History and Analysis
Debt Level: RATEGAIN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RATEGAIN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RATEGAIN's debt is well covered by operating cash flow (576.4%).
Interest Coverage: RATEGAIN earns more interest than it pays, so coverage of interest payments is not a concern.