Faze Three Autofab Balance Sheet Health
Financial Health criteria checks 3/6
Faze Three Autofab has a total shareholder equity of ₹547.4M and total debt of ₹490.9M, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are ₹1.3B and ₹736.6M respectively. Faze Three Autofab's EBIT is ₹63.3M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹400.0K.
Key information
89.7%
Debt to equity ratio
₹490.90m
Debt
Interest coverage ratio | 1.8x |
Cash | ₹400.00k |
Equity | ₹547.40m |
Total liabilities | ₹736.60m |
Total assets | ₹1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532459's short term assets (₹824.5M) exceed its short term liabilities (₹539.5M).
Long Term Liabilities: 532459's short term assets (₹824.5M) exceed its long term liabilities (₹197.1M).
Debt to Equity History and Analysis
Debt Level: 532459's net debt to equity ratio (89.6%) is considered high.
Reducing Debt: 532459's debt to equity ratio has reduced from 761.9% to 89.7% over the past 5 years.
Debt Coverage: 532459's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 532459's interest payments on its debt are not well covered by EBIT (1.8x coverage).