Conart Engineers Balance Sheet Health
Financial Health criteria checks 4/6
Conart Engineers has a total shareholder equity of ₹307.1M and total debt of ₹226.0K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are ₹356.2M and ₹49.1M respectively. Conart Engineers's EBIT is ₹33.1M making its interest coverage ratio -183.5. It has cash and short-term investments of ₹111.9M.
Key information
0.07%
Debt to equity ratio
₹226.02k
Debt
| Interest coverage ratio | -183.5x |
| Cash | ₹111.94m |
| Equity | ₹307.05m |
| Total liabilities | ₹49.11m |
| Total assets | ₹356.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522231's short term assets (₹289.6M) exceed its short term liabilities (₹51.6M).
Long Term Liabilities: 522231's short term assets (₹289.6M) do not cover its long term liabilities (₹-2.5M).
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 0.07% over the past 5 years.
Debt Coverage: 522231's debt is well covered by operating cash flow (507.8%).
Interest Coverage: 522231 earns more interest than it pays, so coverage of interest payments is not a concern.