Organic Recycling Systems Balance Sheet Health
Financial Health criteria checks 1/6
Organic Recycling Systems has a total shareholder equity of ₹255.0M and total debt of ₹698.1M, which brings its debt-to-equity ratio to 273.8%. Its total assets and total liabilities are ₹1.2B and ₹938.1M respectively. Organic Recycling Systems's EBIT is ₹62.8M making its interest coverage ratio 3. It has cash and short-term investments of ₹2.3M.
Key information
273.8%
Debt to equity ratio
₹698.14m
Debt
Interest coverage ratio | 3x |
Cash | ₹2.30m |
Equity | ₹255.01m |
Total liabilities | ₹938.10m |
Total assets | ₹1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543997's short term assets (₹382.1M) exceed its short term liabilities (₹217.6M).
Long Term Liabilities: 543997's short term assets (₹382.1M) do not cover its long term liabilities (₹720.5M).
Debt to Equity History and Analysis
Debt Level: 543997's net debt to equity ratio (272.9%) is considered high.
Reducing Debt: 543997's debt to equity ratio has increased from 102.4% to 273.8% over the past 5 years.
Debt Coverage: 543997's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543997's interest payments on its debt are not well covered by EBIT (3x coverage).