Fiem Industries Balance Sheet Health
Financial Health criteria checks 6/6
Fiem Industries has a total shareholder equity of ₹8.0B and total debt of ₹234.9M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ₹11.5B and ₹3.5B respectively. Fiem Industries's EBIT is ₹1.9B making its interest coverage ratio -32.3. It has cash and short-term investments of ₹2.0B.
Key information
2.9%
Debt to equity ratio
₹234.91m
Debt
Interest coverage ratio | -32.3x |
Cash | ₹1.96b |
Equity | ₹8.00b |
Total liabilities | ₹3.47b |
Total assets | ₹11.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532768's short term assets (₹6.3B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 532768's short term assets (₹6.3B) exceed its long term liabilities (₹593.6M).
Debt to Equity History and Analysis
Debt Level: 532768 has more cash than its total debt.
Reducing Debt: 532768's debt to equity ratio has reduced from 35.6% to 2.9% over the past 5 years.
Debt Coverage: 532768's debt is well covered by operating cash flow (706.6%).
Interest Coverage: 532768 earns more interest than it pays, so coverage of interest payments is not a concern.