RattanIndia Power Balance Sheet Health
Financial Health criteria checks 3/6
RattanIndia Power has a total shareholder equity of ₹43.6B and total debt of ₹35.6B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are ₹95.7B and ₹52.0B respectively. RattanIndia Power's EBIT is ₹3.4B making its interest coverage ratio 0.2. It has cash and short-term investments of ₹4.6B.
Key information
81.6%
Debt to equity ratio
₹35.62b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹4.62b |
| Equity | ₹43.64b |
| Total liabilities | ₹52.02b |
| Total assets | ₹95.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533122's short term assets (₹28.6B) exceed its short term liabilities (₹12.6B).
Long Term Liabilities: 533122's short term assets (₹28.6B) do not cover its long term liabilities (₹39.5B).
Debt to Equity History and Analysis
Debt Level: 533122's net debt to equity ratio (71%) 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 well covered by operating cash flow (36.7%).
Interest Coverage: 533122's interest payments on its debt are not well covered by EBIT (0.2x coverage).