Rishabh Instruments Balance Sheet Health
Financial Health criteria checks 5/6
Rishabh Instruments has a total shareholder equity of ₹5.9B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are ₹8.7B and ₹2.8B respectively. Rishabh Instruments's EBIT is ₹201.9M making its interest coverage ratio 6.7. It has cash and short-term investments of ₹2.1B.
Key information
20.9%
Debt to equity ratio
₹1.23b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₹2.08b |
| Equity | ₹5.89b |
| Total liabilities | ₹2.79b |
| Total assets | ₹8.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543977's short term assets (₹5.2B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 543977's short term assets (₹5.2B) exceed its long term liabilities (₹915.3M).
Debt to Equity History and Analysis
Debt Level: 543977 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543977's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543977's debt is well covered by operating cash flow (57.4%).
Interest Coverage: 543977's interest payments on its debt are well covered by EBIT (6.7x coverage).