Cospower Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Cospower Engineering has a total shareholder equity of ₹74.7M and total debt of ₹198.2M, which brings its debt-to-equity ratio to 265.5%. Its total assets and total liabilities are ₹356.4M and ₹281.7M respectively. Cospower Engineering's EBIT is ₹32.3M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹5.3M.
Key information
265.5%
Debt to equity ratio
₹198.22m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹5.31m |
| Equity | ₹74.66m |
| Total liabilities | ₹281.71m |
| Total assets | ₹356.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543172's short term assets (₹203.6M) exceed its short term liabilities (₹150.3M).
Long Term Liabilities: 543172's short term assets (₹203.6M) exceed its long term liabilities (₹131.4M).
Debt to Equity History and Analysis
Debt Level: 543172's net debt to equity ratio (258.4%) is considered high.
Reducing Debt: 543172's debt to equity ratio has increased from 67.5% to 265.5% over the past 5 years.
Debt Coverage: 543172's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 543172's interest payments on its debt are not well covered by EBIT (1.8x coverage).