Containe Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Containe Technologies has a total shareholder equity of ₹91.9M and total debt of ₹49.2M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are ₹189.3M and ₹97.4M respectively. Containe Technologies's EBIT is ₹15.6M making its interest coverage ratio 7.7. It has cash and short-term investments of ₹10.3M.
Key information
53.5%
Debt to equity ratio
₹49.19m
Debt
Interest coverage ratio | 7.7x |
Cash | ₹10.27m |
Equity | ₹91.89m |
Total liabilities | ₹97.39m |
Total assets | ₹189.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543606's short term assets (₹161.4M) exceed its short term liabilities (₹56.5M).
Long Term Liabilities: 543606's short term assets (₹161.4M) exceed its long term liabilities (₹40.9M).
Debt to Equity History and Analysis
Debt Level: 543606's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: Insufficient data to determine if 543606's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543606's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543606's interest payments on its debt are well covered by EBIT (7.7x coverage).