Cranex Balance Sheet Health
Financial Health criteria checks 4/6
Cranex has a total shareholder equity of ₹117.2M and total debt of ₹291.5M, which brings its debt-to-equity ratio to 248.7%. Its total assets and total liabilities are ₹560.8M and ₹443.6M respectively. Cranex's EBIT is ₹28.7M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹29.6M.
Key information
248.7%
Debt to equity ratio
₹291.49m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹29.58m |
| Equity | ₹117.19m |
| Total liabilities | ₹443.62m |
| Total assets | ₹560.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522001's short term assets (₹450.0M) exceed its short term liabilities (₹371.5M).
Long Term Liabilities: 522001's short term assets (₹450.0M) exceed its long term liabilities (₹72.1M).
Debt to Equity History and Analysis
Debt Level: 522001's net debt to equity ratio (223.5%) is considered high.
Reducing Debt: 522001's debt to equity ratio has reduced from 260.3% to 248.7% over the past 5 years.
Debt Coverage: 522001's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: 522001's interest payments on its debt are well covered by EBIT (3.1x coverage).