Frontier Springs Balance Sheet Health
Financial Health criteria checks 6/6
Frontier Springs has a total shareholder equity of ₹1.1B and total debt of ₹32.2M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹1.4B and ₹350.2M respectively. Frontier Springs's EBIT is ₹291.3M making its interest coverage ratio -3783.5. It has cash and short-term investments of ₹115.3M.
Key information
3.1%
Debt to equity ratio
₹32.17m
Debt
| Interest coverage ratio | -3783.5x |
| Cash | ₹115.25m |
| Equity | ₹1.05b |
| Total liabilities | ₹350.22m |
| Total assets | ₹1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522195's short term assets (₹642.2M) exceed its short term liabilities (₹294.5M).
Long Term Liabilities: 522195's short term assets (₹642.2M) exceed its long term liabilities (₹55.7M).
Debt to Equity History and Analysis
Debt Level: 522195 has more cash than its total debt.
Reducing Debt: 522195's debt to equity ratio has reduced from 14.8% to 3.1% over the past 5 years.
Debt Coverage: 522195's debt is well covered by operating cash flow (732.6%).
Interest Coverage: 522195 earns more interest than it pays, so coverage of interest payments is not a concern.