Conart Engineers Limited

BSE:522231 Stock Report

Market Cap: ₹503.7m

Conart Engineers Balance Sheet Health

Financial Health criteria checks 4/6

Conart Engineers has a total shareholder equity of ₹290.3M and total debt of ₹234.4K, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are ₹332.2M and ₹42.0M respectively. Conart Engineers's EBIT is ₹31.4M making its interest coverage ratio 149.2. It has cash and short-term investments of ₹117.6M.

Key information

0.08%

Debt to equity ratio

₹234.43k

Debt

Interest coverage ratio149.2x
Cash₹117.65m
Equity₹290.28m
Total liabilities₹41.97m
Total assets₹332.25m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 522231's short term assets (₹269.1M) exceed its short term liabilities (₹45.2M).

Long Term Liabilities: 522231's short term assets (₹269.1M) do not cover its long term liabilities (₹-3.3M).


Debt to Equity History and Analysis

Debt Level: 522231 has more cash than its total debt.

Reducing Debt: 522231's debt to equity ratio has increased from 0% to 0.08% over the past 5 years.

Debt Coverage: 522231's debt is well covered by operating cash flow (3898.8%).

Interest Coverage: 522231's interest payments on its debt are well covered by EBIT (149.2x coverage).


Balance Sheet


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