Coromandel Engineering Balance Sheet Health
Financial Health criteria checks 1/6
Coromandel Engineering has a total shareholder equity of ₹47.0M and total debt of ₹267.2M, which brings its debt-to-equity ratio to 568%. Its total assets and total liabilities are ₹764.1M and ₹717.1M respectively.
Key information
568.0%
Debt to equity ratio
₹267.16m
Debt
Interest coverage ratio | n/a |
Cash | ₹15.40m |
Equity | ₹47.04m |
Total liabilities | ₹717.07m |
Total assets | ₹764.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533167's short term assets (₹593.2M) do not cover its short term liabilities (₹623.9M).
Long Term Liabilities: 533167's short term assets (₹593.2M) exceed its long term liabilities (₹93.2M).
Debt to Equity History and Analysis
Debt Level: 533167's net debt to equity ratio (535.2%) is considered high.
Reducing Debt: 533167's debt to equity ratio has increased from 479.7% to 568% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 533167 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 533167 has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.8% each year.