Rishabh Instruments Balance Sheet Health
Financial Health criteria checks 5/6
Rishabh Instruments has a total shareholder equity of ₹5.6B and total debt of ₹576.5M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ₹7.8B and ₹2.2B respectively. Rishabh Instruments's EBIT is ₹358.6M making its interest coverage ratio 12.2. It has cash and short-term investments of ₹1.5B.
Key information
10.2%
Debt to equity ratio
₹576.45m
Debt
| Interest coverage ratio | 12.2x |
| Cash | ₹1.55b |
| Equity | ₹5.64b |
| Total liabilities | ₹2.17b |
| Total assets | ₹7.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RISHABH's short term assets (₹4.9B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: RISHABH's short term assets (₹4.9B) exceed its long term liabilities (₹323.4M).
Debt to Equity History and Analysis
Debt Level: RISHABH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RISHABH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RISHABH's debt is well covered by operating cash flow (131.9%).
Interest Coverage: RISHABH's interest payments on its debt are well covered by EBIT (12.2x coverage).