What is the cash balance of Reliance Industries balance sheet?
Financials
| Balance Sheet of Reliance Industries (in Rs. Cr.) | Mar 22 | Mar 18 |
|---|---|---|
| Inventories | 45,923.00 | 39,568.00 |
| Trade Receivables | 14,394.00 | 10,460.00 |
| Cash And Cash Equivalents | 21,714.00 | 2,731.00 |
| Short Term Loans And Advances | 161.00 | 3,533.00 |
What is the financial position of Reliance Industries?
RELI Financial Summary
| Title | Jun 30, 2022 | Mar 31, 2022 |
|---|---|---|
| Total Revenue | 2,193,040 | 2,118,870 |
| Gross Profit | 724,350 | 623,660 |
| Operating Income | 290,510 | 233,650 |
| Net Income | 179,550 | 162,030 |
What are the assets of Reliance Industries?
RIL has a market capitalisation of US$219 billion as of August 07, 2022.
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Reliance Industries.
| Reliance Industries former headquarters in Santacruz, Mumbai | |
|---|---|
| Total assets | ₹1,770,665 crore (US$220 billion) (2022) |
| Total equity | ₹772,720 crore (US$97 billion) (2022) |
| Owner | Mukesh Ambani (49.46%) Public (50.54%) |
| Number of employees | 3,42,982 (2022) |
What is the EBIT margin (%) for Reliance Industries as on Mar 22 your answer?
Financials
| Key Financial Ratios of Reliance Industries (in Rs. Cr.) | Mar 22 | Mar 21 |
|---|---|---|
| PBDIT Margin (%) | 15.62 | 19.66 |
| PBIT Margin (%) | 13.19 | 15.92 |
| PBT Margin (%) | 11.04 | 11.07 |
| Net Profit Margin (%) | 9.22 | 13.00 |
What is reserve and surplus in balance sheet?
Reserves are the funds earmarked for a specific purpose, which the company intends to use in future. The surplus is where the profits of the company reside. This is one of the points where the balance sheet and the P&L interact. Dividends are paid out of the surplus.
What is balance sheet of a company?
A balance sheet is a financial statement that reports a company’s assets, liabilities, and shareholder equity. The balance sheet is one of the three core financial statements that are used to evaluate a business. It provides a snapshot of a company’s finances (what it owns and owes) as of the date of publication.
Is Reliance giving bonus shares in 2022?
The stock of GKP Printing and Packaging shall trade ex-bonus for 1:2. The company has fixed September 19, 2022, as the record date for determining the eligibility of shareholders to receive shares.
What is the PE ratio of Reliance Industries?
P/E ratio as of September 2022 (TTM): 25.6
According to Reliance Industries’s latest financial reports and stock price the company’s current price-to-earnings ratio (TTM) is 25.5879. At the end of 2018 the company had a P/E ratio of 17.2.
What is debt equity ratio of Reliance Industries?
According to analysis the ratio in 2015 and 2016 has been 9.33 and 9.92 times respectively in 2017, 2018 and 2019 the ratio has dropped down to 7.64 , 6.30 and 6.15 times respectively.
What are the 3 types of reserves?
Reserve in accounting is mainly of 3 types.
Types of Reserves
- Revenue Reserve.
- Capital Reserve.
- Specific Reserve.
What are the 5 current liabilities?
Current liabilities are the obligations of the company which are expected to get paid within one year and include liabilities such as Accounts payable, short term loans, Interest payable, Bank overdraft and the other such short term liabilities of the company.
What are the 3 types of balance sheets?
The more common are the classified, common size, comparative, and vertical balance sheets.
What is a weak balance sheet?
when you hear about ‘weak balance sheets’ it means the company is highly levered. (eg assets/equity > 40. so… 200 assets… 5 equity…if those assets drop 2.5% in value…
Is Reliance share going to split?
Discover splits history data for Reliance Industries Ltd share. Find the split ratio of RELI for a selection of dates.
RELI Splits.
| Split date | Split Ratio |
|---|---|
| May 13, 2020 | 1/900.1 Stock Split |
Is Reliance going to split?
Reliance Industries has not split the face value of the share so far.
Will RIL give bonus shares?
The software and consulting firm had announced the issue of bonus shares in 1:3 ratio, which means that an eligible shareholder will get one share for every three shares of the company held as of the record date.
Which stock is good for long term?
Best Stocks to Buy in India for Long Term
| S.No. | Long Term Stocks India | Industry |
|---|---|---|
| 1. | Reliance Industries | Multinational Conglomerate |
| 2. | Tata Consultancy Services (TCS) | Information Technology |
| 3. | Infosys | Information Technology |
| 4. | HDFC Bank | Banking |
What is the ideal debt/equity ratio?
What is a good debt-to-equity ratio? Although it varies from industry to industry, a debt-to-equity ratio of around 2 or 2.5 is generally considered good.
What is the interest coverage ratio of Reliance Industries?
Financials
| Key Financial Ratios of Reliance Industries (in Rs. Cr.) | Mar 22 | Mar 19 |
|---|---|---|
| Cash Earnings Retention Ratio (%) | 95.26 | 94.13 |
| Coverage Ratios | ||
| Interest Coverage Ratios (%) | 8.60 | 4.34 |
| Interest Coverage Ratios (Post Tax) (%) | 8.60 | 4.34 |
What is surplus in balance sheet?
In the accounting area, a surplus refers to the amount of retained earnings recorded on an entity’s balance sheet; a surplus is considered to be good, since it implies that there are excess resources available that can be used in the future.
Why reserves are liabilities?
Reserves are recorded as liabilities because reserves are counted as part of the company’s net worth. To record reserves, accountants debit the retained earnings account for a certain amount, and then they credit the reserves account the same amount.
Is tax a current liability?
Common examples of current liabilities include regular accounts payable and business taxes due (or anticipated) but not yet paid. This includes any income tax or National Insurance a business pays on behalf of its employees.
Is bank loan a current liability?
Hence Bank Loan is not a current liability.
What is balance sheet audit?
Balance Sheet audit is done to list down all the assets and liabilities of the organization on a particular date. This requires the verification of all records related to the items of balance sheet i.e. assets and liabilities.
What are golden rules of accounting?
What Are the Golden Rules of Accounting?
- Rule 1 – Debit the receiver, credit the giver.
- Rule 2 – Debit what comes in, credit what goes out.
- Rule 3 – Debit all expenses and losses and credit all incomes and gains.