Fortune International Balance Sheet Health
Financial Health criteria checks 4/6
Fortune International has a total shareholder equity of ₹364.7M and total debt of ₹4.3M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹369.4M and ₹4.7M respectively.
Key information
1.2%
Debt to equity ratio
₹4.30m
Debt
Interest coverage ratio | n/a |
Cash | ₹8.66m |
Equity | ₹364.72m |
Total liabilities | ₹4.66m |
Total assets | ₹369.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530213's short term assets (₹9.3M) exceed its short term liabilities (₹358.0K).
Long Term Liabilities: 530213's short term assets (₹9.3M) 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 116.5% to 1.2% 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.