Containe Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Containe Technologies has a total shareholder equity of ₹95.2M and total debt of ₹68.9M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ₹207.3M and ₹112.1M respectively. Containe Technologies's EBIT is ₹21.5M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹13.5M.
Key information
72.3%
Debt to equity ratio
₹68.90m
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹13.46m |
| Equity | ₹95.24m |
| Total liabilities | ₹112.05m |
| Total assets | ₹207.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543606's short term assets (₹179.2M) exceed its short term liabilities (₹65.2M).
Long Term Liabilities: 543606's short term assets (₹179.2M) exceed its long term liabilities (₹46.9M).
Debt to Equity History and Analysis
Debt Level: 543606's net debt to equity ratio (58.2%) 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 debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 543606's interest payments on its debt are well covered by EBIT (4.1x coverage).