Richa Info Systems Balance Sheet Health
Financial Health criteria checks 3/6
Richa Info Systems has a total shareholder equity of ₹136.1M and total debt of ₹73.4M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are ₹229.2M and ₹93.1M respectively. Richa Info Systems's EBIT is ₹28.9M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹663.0K.
Key information
53.9%
Debt to equity ratio
₹73.39m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹663.00k |
Equity | ₹136.09m |
Total liabilities | ₹93.07m |
Total assets | ₹229.16m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RICHA's short term assets (₹196.0M) exceed its short term liabilities (₹55.1M).
Long Term Liabilities: RICHA's short term assets (₹196.0M) exceed its long term liabilities (₹38.0M).
Debt to Equity History and Analysis
Debt Level: RICHA's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: Insufficient data to determine if RICHA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RICHA's debt is well covered by operating cash flow (41.9%).
Interest Coverage: RICHA's interest payments on its debt are not well covered by EBIT (1.6x coverage).