Redington Balance Sheet Health
Financial Health criteria checks 5/6
Redington has a total shareholder equity of ₹78.6B and total debt of ₹29.6B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are ₹243.9B and ₹165.3B respectively. Redington's EBIT is ₹17.9B making its interest coverage ratio 5. It has cash and short-term investments of ₹16.1B.
Key information
37.6%
Debt to equity ratio
₹29.58b
Debt
| Interest coverage ratio | 5x |
| Cash | ₹16.12b |
| Equity | ₹78.62b |
| Total liabilities | ₹165.32b |
| Total assets | ₹243.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532805's short term assets (₹231.6B) exceed its short term liabilities (₹162.1B).
Long Term Liabilities: 532805's short term assets (₹231.6B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: 532805's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: 532805's debt to equity ratio has increased from 30.8% to 37.6% over the past 5 years.
Debt Coverage: 532805's debt is well covered by operating cash flow (36.5%).
Interest Coverage: 532805's interest payments on its debt are well covered by EBIT (5x coverage).