Reliance Infrastructure Balance Sheet Health
Financial Health criteria checks 4/6
Reliance Infrastructure has a total shareholder equity of ₹179.6B and total debt of ₹66.8B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are ₹602.2B and ₹422.6B respectively. Reliance Infrastructure's EBIT is ₹41.3B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹42.3B.
Key information
37.2%
Debt to equity ratio
₹66.81b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹42.31b |
| Equity | ₹179.60b |
| Total liabilities | ₹422.64b |
| Total assets | ₹602.24b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500390's short term assets (₹155.4B) do not cover its short term liabilities (₹331.8B).
Long Term Liabilities: 500390's short term assets (₹155.4B) exceed its long term liabilities (₹90.8B).
Debt to Equity History and Analysis
Debt Level: 500390's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: 500390's debt to equity ratio has reduced from 94.8% to 37.2% over the past 5 years.
Debt Coverage: 500390's debt is well covered by operating cash flow (69.4%).
Interest Coverage: 500390's interest payments on its debt are not well covered by EBIT (2.9x coverage).