Crown Lifters Balance Sheet Health
Financial Health criteria checks 3/6
Crown Lifters has a total shareholder equity of ₹233.5M and total debt of ₹257.9M, which brings its debt-to-equity ratio to 110.4%. Its total assets and total liabilities are ₹745.4M and ₹511.9M respectively. Crown Lifters's EBIT is ₹49.0M making its interest coverage ratio 7.3. It has cash and short-term investments of ₹90.5M.
Key information
110.4%
Debt to equity ratio
₹257.86m
Debt
Interest coverage ratio | 7.3x |
Cash | ₹90.50m |
Equity | ₹233.53m |
Total liabilities | ₹511.86m |
Total assets | ₹745.39m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CROWN's short term assets (₹156.0M) do not cover its short term liabilities (₹230.4M).
Long Term Liabilities: CROWN's short term assets (₹156.0M) do not cover its long term liabilities (₹281.5M).
Debt to Equity History and Analysis
Debt Level: CROWN's net debt to equity ratio (71.7%) is considered high.
Reducing Debt: CROWN's debt to equity ratio has reduced from 183.5% to 110.4% over the past 5 years.
Debt Coverage: CROWN's debt is well covered by operating cash flow (125.9%).
Interest Coverage: CROWN's interest payments on its debt are well covered by EBIT (7.3x coverage).