Cospower Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Cospower Engineering has a total shareholder equity of ₹59.1M and total debt of ₹187.0M, which brings its debt-to-equity ratio to 316.5%. Its total assets and total liabilities are ₹325.9M and ₹266.8M respectively. Cospower Engineering's EBIT is ₹5.5M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹2.0M.
Key information
316.5%
Debt to equity ratio
₹186.97m
Debt
Interest coverage ratio | 0.5x |
Cash | ₹1.99m |
Equity | ₹59.08m |
Total liabilities | ₹266.85m |
Total assets | ₹325.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543172's short term assets (₹174.9M) exceed its short term liabilities (₹126.0M).
Long Term Liabilities: 543172's short term assets (₹174.9M) exceed its long term liabilities (₹140.9M).
Debt to Equity History and Analysis
Debt Level: 543172's net debt to equity ratio (313.1%) is considered high.
Reducing Debt: 543172's debt to equity ratio has increased from 251% to 316.5% over the past 5 years.
Debt Coverage: 543172's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 543172's interest payments on its debt are not well covered by EBIT (0.5x coverage).