Craftsman Automation Balance Sheet Health
Financial Health criteria checks 5/6
Craftsman Automation has a total shareholder equity of ₹17.5B and total debt of ₹15.5B, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are ₹47.1B and ₹29.5B respectively. Craftsman Automation's EBIT is ₹6.0B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹926.3M.
Key information
88.4%
Debt to equity ratio
₹15.49b
Debt
Interest coverage ratio | 3.4x |
Cash | ₹926.30m |
Equity | ₹17.52b |
Total liabilities | ₹29.54b |
Total assets | ₹47.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543276's short term assets (₹17.8B) exceed its short term liabilities (₹15.3B).
Long Term Liabilities: 543276's short term assets (₹17.8B) exceed its long term liabilities (₹14.2B).
Debt to Equity History and Analysis
Debt Level: 543276's net debt to equity ratio (83.1%) is considered high.
Reducing Debt: 543276's debt to equity ratio has reduced from 146.3% to 88.4% over the past 5 years.
Debt Coverage: 543276's debt is well covered by operating cash flow (33.1%).
Interest Coverage: 543276's interest payments on its debt are well covered by EBIT (3.4x coverage).