Expo Gas Containers Balance Sheet Health
Financial Health criteria checks 3/6
Expo Gas Containers has a total shareholder equity of ₹296.6M and total debt of ₹380.0M, which brings its debt-to-equity ratio to 128.1%. Its total assets and total liabilities are ₹870.2M and ₹573.6M respectively. Expo Gas Containers's EBIT is ₹56.6M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹43.8M.
Key information
128.1%
Debt to equity ratio
₹379.99m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹43.81m |
| Equity | ₹296.58m |
| Total liabilities | ₹573.61m |
| Total assets | ₹870.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526614's short term assets (₹759.4M) exceed its short term liabilities (₹507.5M).
Long Term Liabilities: 526614's short term assets (₹759.4M) exceed its long term liabilities (₹66.1M).
Debt to Equity History and Analysis
Debt Level: 526614's net debt to equity ratio (113.4%) is considered high.
Reducing Debt: 526614's debt to equity ratio has reduced from 145% to 128.1% over the past 5 years.
Debt Coverage: 526614's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526614's interest payments on its debt are not well covered by EBIT (1.5x coverage).