Quality RO Industries Balance Sheet Health
Financial Health criteria checks 4/6
Quality RO Industries has a total shareholder equity of ₹87.4M and total debt of ₹16.5M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are ₹143.2M and ₹55.8M respectively. Quality RO Industries's EBIT is ₹4.8M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹1.5M.
Key information
18.9%
Debt to equity ratio
₹16.49m
Debt
Interest coverage ratio | 3.6x |
Cash | ₹1.46m |
Equity | ₹87.38m |
Total liabilities | ₹55.82m |
Total assets | ₹143.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543460's short term assets (₹102.1M) exceed its short term liabilities (₹43.9M).
Long Term Liabilities: 543460's short term assets (₹102.1M) exceed its long term liabilities (₹11.9M).
Debt to Equity History and Analysis
Debt Level: 543460's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543460's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543460's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543460's interest payments on its debt are well covered by EBIT (3.6x coverage).