Finolex Cables Balance Sheet Health
Financial Health criteria checks 6/6
Finolex Cables has a total shareholder equity of ₹51.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹61.0B and ₹9.1B respectively. Finolex Cables's EBIT is ₹4.8B making its interest coverage ratio -11.5. It has cash and short-term investments of ₹27.5B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -11.5x |
| Cash | ₹27.55b |
| Equity | ₹51.92b |
| Total liabilities | ₹9.09b |
| Total assets | ₹61.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500144's short term assets (₹36.9B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: 500144's short term assets (₹36.9B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: 500144 is debt free.
Reducing Debt: 500144 has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: 500144 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500144 has no debt, therefore coverage of interest payments is not a concern.