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 ratio | 3.1x |
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).