Fortune International Balance Sheet Health
Financial Health criteria checks 4/6
Fortune International has a total shareholder equity of ₹421.5M and total debt of ₹4.3M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹426.0M and ₹4.5M respectively.
Key information
1.0%
Debt to equity ratio
₹4.30m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹13.77m |
| Equity | ₹421.51m |
| Total liabilities | ₹4.51m |
| Total assets | ₹426.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530213's short term assets (₹14.7M) exceed its short term liabilities (₹214.0K).
Long Term Liabilities: 530213's short term assets (₹14.7M) exceed its long term liabilities (₹4.3M).
Debt to Equity History and Analysis
Debt Level: 530213 has more cash than its total debt.
Reducing Debt: 530213's debt to equity ratio has reduced from 68.4% to 1% over the past 5 years.
Debt Coverage: 530213's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530213's interest payments on its debt are well covered by EBIT.