Cochin Shipyard Balance Sheet Health
Financial Health criteria checks 4/6
Cochin Shipyard has a total shareholder equity of ₹50.0B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ₹120.4B and ₹70.4B respectively. Cochin Shipyard's EBIT is ₹8.9B making its interest coverage ratio 28.7. It has cash and short-term investments of ₹38.6B.
Key information
10.0%
Debt to equity ratio
₹5.02b
Debt
| Interest coverage ratio | 28.7x |
| Cash | ₹38.64b |
| Equity | ₹50.03b |
| Total liabilities | ₹70.39b |
| Total assets | ₹120.42b |
Recent financial health updates
We Think Cochin Shipyard (NSE:COCHINSHIP) Can Manage Its Debt With Ease
Sep 16
Is Cochin Shipyard (NSE:COCHINSHIP) A Risky Investment?
Dec 20We Think Cochin Shipyard (NSE:COCHINSHIP) Can Stay On Top Of Its Debt
Sep 07These 4 Measures Indicate That Cochin Shipyard (NSE:COCHINSHIP) Is Using Debt Reasonably Well
May 24Cochin Shipyard (NSE:COCHINSHIP) Seems To Use Debt Quite Sensibly
Jan 11Recent updates
We Think Cochin Shipyard (NSE:COCHINSHIP) Can Manage Its Debt With Ease
Sep 16Cochin Shipyard (NSE:COCHINSHIP) Has Some Way To Go To Become A Multi-Bagger
Aug 29After Leaping 25% Cochin Shipyard Limited (NSE:COCHINSHIP) Shares Are Not Flying Under The Radar
Jul 23Additional Considerations Required While Assessing Cochin Shipyard's (NSE:COCHINSHIP) Strong Earnings
Jun 01Market Participants Recognise Cochin Shipyard Limited's (NSE:COCHINSHIP) Revenues Pushing Shares 50% Higher
May 25Cochin Shipyard (NSE:COCHINSHIP) Will Want To Turn Around Its Return Trends
Apr 30Earnings Not Telling The Story For Cochin Shipyard Limited (NSE:COCHINSHIP) After Shares Rise 32%
Apr 09Cochin Shipyard's (NSE:COCHINSHIP) Returns On Capital Not Reflecting Well On The Business
Jan 31Is Cochin Shipyard (NSE:COCHINSHIP) A Risky Investment?
Dec 20Cochin Shipyard (NSE:COCHINSHIP) Is Increasing Its Dividend To ₹8.00
Nov 10Why We Think Cochin Shipyard Limited's (NSE:COCHINSHIP) CEO Compensation Is Not Excessive At All
Sep 22We Think Cochin Shipyard (NSE:COCHINSHIP) Can Stay On Top Of Its Debt
Sep 07Returns On Capital At Cochin Shipyard (NSE:COCHINSHIP) Paint A Concerning Picture
Jun 17These 4 Measures Indicate That Cochin Shipyard (NSE:COCHINSHIP) Is Using Debt Reasonably Well
May 24Calculating The Intrinsic Value Of Cochin Shipyard Limited (NSE:COCHINSHIP)
Mar 16Cochin Shipyard's (NSE:COCHINSHIP) Returns On Capital Are Heading Higher
Jan 29Cochin Shipyard (NSE:COCHINSHIP) Seems To Use Debt Quite Sensibly
Jan 11Cochin Shipyard (NSE:COCHINSHIP) Has Announced That It Will Be Increasing Its Dividend To ₹7.00
Nov 13Cochin Shipyard's (NSE:COCHINSHIP) Returns On Capital Not Reflecting Well On The Business
Oct 14Cochin Shipyard (NSE:COCHINSHIP) Has Announced That It Will Be Increasing Its Dividend To ₹3.75
Sep 09Cochin Shipyard's (NSE:COCHINSHIP) Upcoming Dividend Will Be Larger Than Last Year's
Feb 12There Could Be A Chance Cochin Shipyard Limited's (NSE:COCHINSHIP) CEO Will Have Their Compensation Increased
Sep 22Financial Position Analysis
Short Term Liabilities: COCHINSHIP's short term assets (₹86.4B) exceed its short term liabilities (₹65.2B).
Long Term Liabilities: COCHINSHIP's short term assets (₹86.4B) exceed its long term liabilities (₹5.2B).
Debt to Equity History and Analysis
Debt Level: COCHINSHIP has more cash than its total debt.
Reducing Debt: COCHINSHIP's debt to equity ratio has increased from 3.7% to 10% over the past 5 years.
Debt Coverage: COCHINSHIP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: COCHINSHIP's interest payments on its debt are well covered by EBIT (28.7x coverage).