Conart Engineers Balance Sheet Health
Financial Health criteria checks 5/6
Conart Engineers has a total shareholder equity of ₹263.7M and total debt of ₹299.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹343.9M and ₹80.2M respectively. Conart Engineers's EBIT is ₹30.8M making its interest coverage ratio -62.3. It has cash and short-term investments of ₹98.7M.
Key information
0.1%
Debt to equity ratio
₹299.00k
Debt
Interest coverage ratio | -62.3x |
Cash | ₹98.67m |
Equity | ₹263.69m |
Total liabilities | ₹80.17m |
Total assets | ₹343.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522231's short term assets (₹276.7M) exceed its short term liabilities (₹78.3M).
Long Term Liabilities: 522231's short term assets (₹276.7M) exceed its long term liabilities (₹1.9M).
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 0.1% over the past 5 years.
Debt Coverage: 522231's debt is well covered by operating cash flow (6716.5%).
Interest Coverage: 522231 earns more interest than it pays, so coverage of interest payments is not a concern.