Coventry Coil-O-Matic (Haryana) Balance Sheet Health
Financial Health criteria checks 1/6
Coventry Coil-O-Matic (Haryana) has a total shareholder equity of ₹-111.2M and total debt of ₹58.7M, which brings its debt-to-equity ratio to -52.8%. Its total assets and total liabilities are ₹142.6M and ₹253.8M respectively. Coventry Coil-O-Matic (Haryana)'s EBIT is ₹12.4M making its interest coverage ratio 3. It has cash and short-term investments of ₹2.7M.
Key information
-52.8%
Debt to equity ratio
₹58.75m
Debt
Interest coverage ratio | 3x |
Cash | ₹2.74m |
Equity | -₹111.16m |
Total liabilities | ₹253.76m |
Total assets | ₹142.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523415 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 523415 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523415 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 523415's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 523415's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 523415's interest payments on its debt are well covered by EBIT (3x coverage).