Rapid Multimodal Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Rapid Multimodal Logistics has a total shareholder equity of ₹47.2M and total debt of ₹20.1M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are ₹84.0M and ₹36.8M respectively. Rapid Multimodal Logistics's EBIT is ₹26.7M making its interest coverage ratio 11.8. It has cash and short-term investments of ₹3.4M.
Key information
42.6%
Debt to equity ratio
₹20.11m
Debt
| Interest coverage ratio | 11.8x |
| Cash | ₹3.45m |
| Equity | ₹47.16m |
| Total liabilities | ₹36.82m |
| Total assets | ₹83.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544237's short term assets (₹81.2M) exceed its short term liabilities (₹27.7M).
Long Term Liabilities: 544237's short term assets (₹81.2M) exceed its long term liabilities (₹9.1M).
Debt to Equity History and Analysis
Debt Level: 544237's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 544237's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544237's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 544237's interest payments on its debt are well covered by EBIT (11.8x coverage).