Relicab Cable Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Relicab Cable Manufacturing has a total shareholder equity of ₹113.8M and total debt of ₹97.8M, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are ₹361.3M and ₹247.6M respectively. Relicab Cable Manufacturing's EBIT is ₹52.0M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹39.1M.
Key information
86.0%
Debt to equity ratio
₹97.83m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹39.14m |
Equity | ₹113.76m |
Total liabilities | ₹247.56m |
Total assets | ₹361.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539760's short term assets (₹301.2M) exceed its short term liabilities (₹142.3M).
Long Term Liabilities: 539760's short term assets (₹301.2M) exceed its long term liabilities (₹105.2M).
Debt to Equity History and Analysis
Debt Level: 539760's net debt to equity ratio (51.6%) is considered high.
Reducing Debt: 539760's debt to equity ratio has reduced from 90.4% to 86% over the past 5 years.
Debt Coverage: 539760's debt is well covered by operating cash flow (59.8%).
Interest Coverage: 539760's interest payments on its debt are not well covered by EBIT (2.4x coverage).