CMM Infraprojects Balance Sheet Health
Financial Health criteria checks 3/6
CMM Infraprojects has a total shareholder equity of ₹287.8M and total debt of ₹748.3M, which brings its debt-to-equity ratio to 260%. Its total assets and total liabilities are ₹1.6B and ₹1.3B respectively. CMM Infraprojects's EBIT is ₹7.7M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹78.9M.
Key information
260.0%
Debt to equity ratio
₹748.29m
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₹78.88m |
| Equity | ₹287.81m |
| Total liabilities | ₹1.26b |
| Total assets | ₹1.55b |
Recent financial health updates
CMM Infraprojects (NSE:CMMIPL) Has A Somewhat Strained Balance Sheet
Aug 25
Is CMM Infraprojects (NSE:CMMIPL) A Risky Investment?
Dec 08Recent updates
Here's What's Concerning About CMM Infraprojects' (NSE:CMMIPL) Returns On Capital
Mar 17Here's What's Concerning About CMM Infraprojects' (NSE:CMMIPL) Returns On Capital
Nov 24CMM Infraprojects (NSE:CMMIPL) Has A Somewhat Strained Balance Sheet
Aug 25Returns At CMM Infraprojects (NSE:CMMIPL) Appear To Be Weighed Down
Feb 01Is CMM Infraprojects (NSE:CMMIPL) A Risky Investment?
Dec 08Financial Position Analysis
Short Term Liabilities: CMMIPL's short term assets (₹1.2B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: CMMIPL's short term assets (₹1.2B) exceed its long term liabilities (₹216.8M).
Debt to Equity History and Analysis
Debt Level: CMMIPL's net debt to equity ratio (232.6%) is considered high.
Reducing Debt: CMMIPL's debt to equity ratio has increased from 98.1% to 260% over the past 5 years.
Debt Coverage: CMMIPL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CMMIPL's interest payments on its debt are well covered by EBIT (6.3x coverage).