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 ratio | 149.2x |
| 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).