Stovec Industries Balance Sheet Health
Financial Health criteria checks 6/6
Stovec Industries has a total shareholder equity of ₹1.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.7B and ₹505.3M respectively. Stovec Industries's EBIT is ₹164.2M making its interest coverage ratio -6.2. It has cash and short-term investments of ₹251.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -6.2x |
| Cash | ₹250.97m |
| Equity | ₹1.21b |
| Total liabilities | ₹505.33m |
| Total assets | ₹1.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504959's short term assets (₹1.3B) exceed its short term liabilities (₹505.3M).
Long Term Liabilities: 504959 has no long term liabilities.
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.