Focus Lighting and Fixtures Balance Sheet Health
Financial Health criteria checks 5/6
Focus Lighting and Fixtures has a total shareholder equity of ₹1.1B and total debt of ₹47.3M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ₹1.4B and ₹358.7M respectively. Focus Lighting and Fixtures's EBIT is ₹352.9M making its interest coverage ratio -2384.6. It has cash and short-term investments of ₹43.3M.
Key information
4.4%
Debt to equity ratio
₹47.33m
Debt
| Interest coverage ratio | -2384.6x |
| Cash | ₹43.33m |
| Equity | ₹1.07b |
| Total liabilities | ₹358.74m |
| Total assets | ₹1.42b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Focus Lighting and Fixtures (NSE:FOCUS) Is Well Worth Watching
Mar 27
Focus Lighting and Fixtures Limited's (NSE:FOCUS) Shares May Have Run Too Fast Too Soon
Jan 05Do Focus Lighting and Fixtures' (NSE:FOCUS) Earnings Warrant Your Attention?
Oct 31Do Focus Lighting and Fixtures' (NSE:FOCUS) Earnings Warrant Your Attention?
Jul 08Capital Allocation Trends At Focus Lighting and Fixtures (NSE:FOCUS) Aren't Ideal
May 13Does Focus Lighting and Fixtures (NSE:FOCUS) Deserve A Spot On Your Watchlist?
Apr 04Here's Why We Think Focus Lighting and Fixtures (NSE:FOCUS) Might Deserve Your Attention Today
Dec 30A Look At The Fair Value Of Focus Lighting and Fixtures Limited (NSE:FOCUS)
Oct 23Financial Position Analysis
Short Term Liabilities: FOCUS's short term assets (₹1.1B) exceed its short term liabilities (₹303.8M).
Long Term Liabilities: FOCUS's short term assets (₹1.1B) exceed its long term liabilities (₹54.9M).
Debt to Equity History and Analysis
Debt Level: FOCUS's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: FOCUS's debt to equity ratio has reduced from 9.9% to 4.4% over the past 5 years.
Debt Coverage: FOCUS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FOCUS earns more interest than it pays, so coverage of interest payments is not a concern.