RattanIndia Power Balance Sheet Health
Financial Health criteria checks 3/6
RattanIndia Power has a total shareholder equity of ₹44.5B and total debt of ₹34.4B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are ₹95.2B and ₹50.6B respectively. RattanIndia Power's EBIT is ₹3.8B making its interest coverage ratio -0.4. It has cash and short-term investments of ₹4.6B.
Key information
77.3%
Debt to equity ratio
₹34.43b
Debt
| Interest coverage ratio | -0.4x |
| Cash | ₹4.63b |
| Equity | ₹44.55b |
| Total liabilities | ₹50.63b |
| Total assets | ₹95.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533122's short term assets (₹29.1B) exceed its short term liabilities (₹11.5B).
Long Term Liabilities: 533122's short term assets (₹29.1B) do not cover its long term liabilities (₹39.2B).
Debt to Equity History and Analysis
Debt Level: 533122's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: 533122 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 533122's debt is not well covered by operating cash flow (19%).
Interest Coverage: 533122 earns more interest than it pays, so coverage of interest payments is not a concern.