Ritco Logistics Limited

BSE:542383 Stock Report

Market Cap: ₹5.6b

Ritco Logistics Balance Sheet Health

Financial Health criteria checks 3/6

Ritco Logistics has a total shareholder equity of ₹1.6B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 160%. Its total assets and total liabilities are ₹4.3B and ₹2.7B respectively. Ritco Logistics's EBIT is ₹590.3M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹9.9M.

Key information

160.0%

Debt to equity ratio

₹2.62b

Debt

Interest coverage ratio3.1x
Cash₹9.85m
Equity₹1.64b
Total liabilities₹2.71b
Total assets₹4.35b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 542383's short term assets (₹3.2B) exceed its short term liabilities (₹2.1B).

Long Term Liabilities: 542383's short term assets (₹3.2B) exceed its long term liabilities (₹626.7M).


Debt to Equity History and Analysis

Debt Level: 542383's net debt to equity ratio (159.4%) is considered high.

Reducing Debt: 542383's debt to equity ratio has increased from 130.5% to 160% over the past 5 years.

Debt Coverage: 542383's debt is not well covered by operating cash flow (4.4%).

Interest Coverage: 542383's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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