Frontier Springs Balance Sheet Health
Financial Health criteria checks 6/6
Frontier Springs has a total shareholder equity of ₹893.1M and total debt of ₹37.2M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹1.2B and ₹340.6M respectively. Frontier Springs's EBIT is ₹176.7M making its interest coverage ratio 88.5. It has cash and short-term investments of ₹22.8M.
Key information
4.2%
Debt to equity ratio
₹37.20m
Debt
Interest coverage ratio | 88.5x |
Cash | ₹22.81m |
Equity | ₹893.09m |
Total liabilities | ₹340.62m |
Total assets | ₹1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522195's short term assets (₹575.9M) exceed its short term liabilities (₹296.8M).
Long Term Liabilities: 522195's short term assets (₹575.9M) exceed its long term liabilities (₹43.8M).
Debt to Equity History and Analysis
Debt Level: 522195's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 522195's debt to equity ratio has reduced from 23.5% to 4.2% over the past 5 years.
Debt Coverage: 522195's debt is well covered by operating cash flow (310.9%).
Interest Coverage: 522195's interest payments on its debt are well covered by EBIT (88.5x coverage).