Rishabh Instruments Balance Sheet Health
Financial Health criteria checks 5/6
Rishabh Instruments has a total shareholder equity of ₹5.2B and total debt of ₹693.2M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are ₹10.1B and ₹4.9B respectively. Rishabh Instruments's EBIT is ₹528.5M making its interest coverage ratio -218.4. It has cash and short-term investments of ₹4.7B.
Key information
13.3%
Debt to equity ratio
₹693.24m
Debt
Interest coverage ratio | -218.4x |
Cash | ₹4.67b |
Equity | ₹5.21b |
Total liabilities | ₹4.88b |
Total assets | ₹10.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RISHABH's short term assets (₹7.6B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: RISHABH's short term assets (₹7.6B) exceed its long term liabilities (₹436.9M).
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 (116.7%).
Interest Coverage: RISHABH earns more interest than it pays, so coverage of interest payments is not a concern.