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
Financial Position Analysis
Short Term Liabilities: RISHABH's short term assets (₹5.2B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: RISHABH's short term assets (₹5.2B) exceed its long term liabilities (₹915.3M).
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 (57.4%).
Interest Coverage: RISHABH's interest payments on its debt are well covered by EBIT (6.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rishabh Instruments Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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