India Radiators Balance Sheet Health
Financial Health criteria checks 1/6
India Radiators has a total shareholder equity of ₹7.5M and total debt of ₹108.7M, which brings its debt-to-equity ratio to 1454%. Its total assets and total liabilities are ₹181.9M and ₹174.4M respectively. India Radiators's EBIT is ₹4.2M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹101.0K.
Key information
1,454.0%
Debt to equity ratio
₹108.72m
Debt
Interest coverage ratio | 0.6x |
Cash | ₹101.00k |
Equity | ₹7.48m |
Total liabilities | ₹174.44m |
Total assets | ₹181.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505100's short term assets (₹1.7M) do not cover its short term liabilities (₹8.3M).
Long Term Liabilities: 505100's short term assets (₹1.7M) do not cover its long term liabilities (₹166.1M).
Debt to Equity History and Analysis
Debt Level: 505100's net debt to equity ratio (1452.7%) is considered high.
Reducing Debt: 505100 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 505100's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 505100's interest payments on its debt are not well covered by EBIT (0.6x coverage).