Cranex Balance Sheet Health
Financial Health criteria checks 3/6
Cranex has a total shareholder equity of ₹108.0M and total debt of ₹270.7M, which brings its debt-to-equity ratio to 250.6%. Its total assets and total liabilities are ₹552.4M and ₹444.4M respectively. Cranex's EBIT is ₹31.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹14.7M.
Key information
250.6%
Debt to equity ratio
₹270.70m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹14.70m |
| Equity | ₹108.04m |
| Total liabilities | ₹444.39m |
| Total assets | ₹552.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522001's short term assets (₹432.2M) exceed its short term liabilities (₹370.9M).
Long Term Liabilities: 522001's short term assets (₹432.2M) exceed its long term liabilities (₹73.5M).
Debt to Equity History and Analysis
Debt Level: 522001's net debt to equity ratio (237%) is considered high.
Reducing Debt: 522001's debt to equity ratio has reduced from 261.6% to 250.6% over the past 5 years.
Debt Coverage: 522001's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 522001's interest payments on its debt are not well covered by EBIT (1.9x coverage).