Chandni Machines Balance Sheet Health
Financial Health criteria checks 6/6
Chandni Machines has a total shareholder equity of ₹87.9M and total debt of ₹3.6M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹168.0M and ₹80.1M respectively. Chandni Machines's EBIT is ₹15.3M making its interest coverage ratio 44.4. It has cash and short-term investments of ₹27.4M.
Key information
4.1%
Debt to equity ratio
₹3.59m
Debt
| Interest coverage ratio | 44.4x |
| Cash | ₹27.37m |
| Equity | ₹87.94m |
| Total liabilities | ₹80.08m |
| Total assets | ₹168.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542627's short term assets (₹105.2M) exceed its short term liabilities (₹77.5M).
Long Term Liabilities: 542627's short term assets (₹105.2M) exceed its long term liabilities (₹2.6M).
Debt to Equity History and Analysis
Debt Level: 542627 has more cash than its total debt.
Reducing Debt: 542627's debt to equity ratio has reduced from 11.5% to 4.1% over the past 5 years.
Debt Coverage: 542627's debt is well covered by operating cash flow (1248.3%).
Interest Coverage: 542627's interest payments on its debt are well covered by EBIT (44.4x coverage).