Richa Info Systems Balance Sheet Health
Financial Health criteria checks 5/6
Richa Info Systems has a total shareholder equity of ₹119.8M and total debt of ₹87.2M, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are ₹229.3M and ₹109.5M respectively. Richa Info Systems's EBIT is ₹16.4M making its interest coverage ratio 3.8. It has cash and short-term investments of ₹5.4M.
Key information
72.8%
Debt to equity ratio
₹87.17m
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹5.42m |
| Equity | ₹119.77m |
| Total liabilities | ₹109.49m |
| Total assets | ₹229.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RICHA's short term assets (₹199.3M) exceed its short term liabilities (₹69.9M).
Long Term Liabilities: RICHA's short term assets (₹199.3M) exceed its long term liabilities (₹39.6M).
Debt to Equity History and Analysis
Debt Level: RICHA's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: RICHA's debt to equity ratio has reduced from 349% to 72.8% over the past 5 years.
Debt Coverage: RICHA's debt is well covered by operating cash flow (27.8%).
Interest Coverage: RICHA's interest payments on its debt are well covered by EBIT (3.8x coverage).