Stovec Industries Balance Sheet Health
Financial Health criteria checks 6/6
Stovec Industries has a total shareholder equity of ₹1.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.9B and ₹482.7M respectively. Stovec Industries's EBIT is ₹71.9M making its interest coverage ratio -2.7. It has cash and short-term investments of ₹536.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -2.7x |
Cash | ₹536.26m |
Equity | ₹1.40b |
Total liabilities | ₹482.74m |
Total assets | ₹1.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504959's short term assets (₹1.5B) exceed its short term liabilities (₹458.9M).
Long Term Liabilities: 504959's short term assets (₹1.5B) exceed its long term liabilities (₹23.8M).
Debt to Equity History and Analysis
Debt Level: 504959 is debt free.
Reducing Debt: 504959 has not had any debt for past 5 years.
Debt Coverage: 504959 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 504959 has no debt, therefore coverage of interest payments is not a concern.