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 ₹35.4B, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are ₹95.7B and ₹52.0B respectively. RattanIndia Power's EBIT is ₹2.6B making its interest coverage ratio 0.1. It has cash and short-term investments of ₹4.6B.
Key information
81.1%
Debt to equity ratio
₹35.38b
Debt
| Interest coverage ratio | 0.1x |
| Cash | ₹4.62b |
| Equity | ₹43.64b |
| Total liabilities | ₹52.02b |
| Total assets | ₹95.66b |
Recent financial health updates
No updates
Recent updates
RattanIndia Power's (NSE:RTNPOWER) Attractive Earnings Are Not All Good News For Shareholders
May 30
RattanIndia Power Limited (NSE:RTNPOWER) Soars 25% But It's A Story Of Risk Vs Reward
May 10Many Still Looking Away From RattanIndia Power Limited (NSE:RTNPOWER)
Jan 05RattanIndia Power (NSE:RTNPOWER) Is Looking To Continue Growing Its Returns On Capital
Jun 17Returns At RattanIndia Power (NSE:RTNPOWER) Are On The Way Up
Feb 22Return Trends At RattanIndia Power (NSE:RTNPOWER) Aren't Appealing
Oct 26Be Wary Of RattanIndia Power (NSE:RTNPOWER) And Its Returns On Capital
Jul 26Do Institutions Own RattanIndia Power Limited (NSE:RTNPOWER) Shares?
Mar 17Here's What's Concerning About RattanIndia Power (NSE:RTNPOWER)
Feb 10Did You Miss RattanIndia Power's (NSE:RTNPOWER) 82% Share Price Gain?
Jan 06
What Is The Ownership Structure Like For RattanIndia Power Limited (NSE:RTNPOWER)?
Dec 02What Is The Ownership Structure Like For RattanIndia Power Limited (NSE:RTNPOWER)?
Aug 25What Can The Trends At RattanIndia Power (NSE:RTNPOWER) Tell Us About Their Returns?
Aug 04We Wouldn't Rely On RattanIndia Power's (NSE:RTNPOWER) Statutory Earnings As A Guide
Jul 20A Closer Look At RattanIndia Power Limited's (NSE:RTNPOWER) Impressive ROE
Jul 05Financial Position Analysis
Short Term Liabilities: RTNPOWER's short term assets (₹28.6B) exceed its short term liabilities (₹12.6B).
Long Term Liabilities: RTNPOWER's short term assets (₹28.6B) do not cover its long term liabilities (₹39.5B).
Debt to Equity History and Analysis
Debt Level: RTNPOWER's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: RTNPOWER had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RTNPOWER's debt is well covered by operating cash flow (36.9%).
Interest Coverage: RTNPOWER's interest payments on its debt are not well covered by EBIT (0.1x coverage).