Exxaro Tiles Balance Sheet Health
Financial Health criteria checks 3/6
Exxaro Tiles has a total shareholder equity of ₹2.7B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are ₹5.0B and ₹2.3B respectively. Exxaro Tiles's EBIT is ₹172.7M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹31.7M.
Key information
42.7%
Debt to equity ratio
₹1.17b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹31.72m |
Equity | ₹2.74b |
Total liabilities | ₹2.25b |
Total assets | ₹5.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543327's short term assets (₹2.9B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 543327's short term assets (₹2.9B) exceed its long term liabilities (₹347.9M).
Debt to Equity History and Analysis
Debt Level: 543327's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: 543327's debt to equity ratio has reduced from 152.6% to 42.7% over the past 5 years.
Debt Coverage: 543327's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 543327's interest payments on its debt are not well covered by EBIT (1.4x coverage).