Candour Techtex Balance Sheet Health
Financial Health criteria checks 2/6
Candour Techtex has a total shareholder equity of ₹282.9M and total debt of ₹281.3M, which brings its debt-to-equity ratio to 99.4%. Its total assets and total liabilities are ₹833.4M and ₹550.5M respectively.
Key information
99.4%
Debt to equity ratio
₹281.26m
Debt
Interest coverage ratio | n/a |
Cash | ₹84.66m |
Equity | ₹282.94m |
Total liabilities | ₹550.45m |
Total assets | ₹833.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522292's short term assets (₹415.2M) exceed its short term liabilities (₹337.7M).
Long Term Liabilities: 522292's short term assets (₹415.2M) exceed its long term liabilities (₹212.7M).
Debt to Equity History and Analysis
Debt Level: 522292's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: 522292's debt to equity ratio has increased from 13% to 99.4% over the past 5 years.
Debt Coverage: 522292's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: Insufficient data to determine if 522292's interest payments on its debt are well covered by EBIT.