Coral India Finance and Housing Balance Sheet Health
Financial Health criteria checks 6/6
Coral India Finance and Housing has a total shareholder equity of ₹2.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹2.5B and ₹122.6M respectively. Coral India Finance and Housing's EBIT is ₹259.2M making its interest coverage ratio 10799.8. It has cash and short-term investments of ₹1.3B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 10799.8x |
Cash | ₹1.30b |
Equity | ₹2.34b |
Total liabilities | ₹122.61m |
Total assets | ₹2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531556's short term assets (₹1.4B) exceed its short term liabilities (₹29.6M).
Long Term Liabilities: 531556's short term assets (₹1.4B) exceed its long term liabilities (₹93.0M).
Debt to Equity History and Analysis
Debt Level: 531556 is debt free.
Reducing Debt: 531556 has not had any debt for past 5 years.
Debt Coverage: 531556 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531556 has no debt, therefore coverage of interest payments is not a concern.