Captain Polyplast Balance Sheet Health
Financial Health criteria checks 3/6
Captain Polyplast has a total shareholder equity of ₹954.5M and total debt of ₹1.0B, which brings its debt-to-equity ratio to 107.5%. Its total assets and total liabilities are ₹2.7B and ₹1.7B respectively. Captain Polyplast's EBIT is ₹280.7M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹48.7M.
Key information
107.5%
Debt to equity ratio
₹1.03b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹48.74m |
| Equity | ₹954.54m |
| Total liabilities | ₹1.72b |
| Total assets | ₹2.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 536974's short term assets (₹2.4B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 536974's short term assets (₹2.4B) exceed its long term liabilities (₹206.0M).
Debt to Equity History and Analysis
Debt Level: 536974's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: 536974's debt to equity ratio has reduced from 155.1% to 107.5% over the past 5 years.
Debt Coverage: 536974's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 536974's interest payments on its debt are not well covered by EBIT (2.6x coverage).