Cenlub Industries Balance Sheet Health
Financial Health criteria checks 6/6
Cenlub Industries has a total shareholder equity of ₹516.6M and total debt of ₹42.4M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹741.3M and ₹224.7M respectively. Cenlub Industries's EBIT is ₹87.3M making its interest coverage ratio -10.7. It has cash and short-term investments of ₹77.9M.
Key information
8.2%
Debt to equity ratio
₹42.37m
Debt
Interest coverage ratio | -10.7x |
Cash | ₹77.92m |
Equity | ₹516.58m |
Total liabilities | ₹224.70m |
Total assets | ₹741.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522251's short term assets (₹300.7M) exceed its short term liabilities (₹212.2M).
Long Term Liabilities: 522251's short term assets (₹300.7M) exceed its long term liabilities (₹12.5M).
Debt to Equity History and Analysis
Debt Level: 522251 has more cash than its total debt.
Reducing Debt: 522251's debt to equity ratio has reduced from 41.4% to 8.2% over the past 5 years.
Debt Coverage: 522251's debt is well covered by operating cash flow (196%).
Interest Coverage: 522251 earns more interest than it pays, so coverage of interest payments is not a concern.