Concord Control Systems Balance Sheet Health
Financial Health criteria checks 6/6
Concord Control Systems has a total shareholder equity of ₹461.9M and total debt of ₹27.4M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ₹602.3M and ₹140.4M respectively. Concord Control Systems's EBIT is ₹166.5M making its interest coverage ratio -19.7. It has cash and short-term investments of ₹237.0M.
Key information
5.9%
Debt to equity ratio
₹27.36m
Debt
| Interest coverage ratio | -19.7x |
| Cash | ₹237.00m |
| Equity | ₹461.90m |
| Total liabilities | ₹140.43m |
| Total assets | ₹602.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543619's short term assets (₹480.8M) exceed its short term liabilities (₹134.2M).
Long Term Liabilities: 543619's short term assets (₹480.8M) exceed its long term liabilities (₹6.2M).
Debt to Equity History and Analysis
Debt Level: 543619 has more cash than its total debt.
Reducing Debt: 543619's debt to equity ratio has reduced from 67.9% to 5.9% over the past 5 years.
Debt Coverage: 543619's debt is well covered by operating cash flow (208.7%).
Interest Coverage: 543619 earns more interest than it pays, so coverage of interest payments is not a concern.