Cadsys (India) Balance Sheet Health
Financial Health criteria checks 3/6
Cadsys (India) has a total shareholder equity of ₹1.1B and total debt of ₹862.8M, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are ₹2.3B and ₹1.2B respectively. Cadsys (India)'s EBIT is ₹270.9M making its interest coverage ratio 5. It has cash and short-term investments of ₹20.6M.
Key information
76.1%
Debt to equity ratio
₹862.80m
Debt
| Interest coverage ratio | 5x |
| Cash | ₹20.64m |
| Equity | ₹1.13b |
| Total liabilities | ₹1.15b |
| Total assets | ₹2.29b |
Recent financial health updates
Is Cadsys (India) (NSE:CADSYS) A Risky Investment?
Aug 23
Does Cadsys (India) (NSE:CADSYS) Have A Healthy Balance Sheet?
Mar 26We Think Cadsys (India) (NSE:CADSYS) Has A Fair Chunk Of Debt
Sep 20Here's Why Cadsys (India) (NSE:CADSYS) Can Afford Some Debt
Jun 07Recent updates
Further Upside For Cadsys (India) Limited (NSE:CADSYS) Shares Could Introduce Price Risks After 46% Bounce
Apr 11Cadsys (India)'s (NSE:CADSYS) Earnings Are Of Questionable Quality
Nov 22The Returns On Capital At Cadsys (India) (NSE:CADSYS) Don't Inspire Confidence
Sep 18Is Cadsys (India) (NSE:CADSYS) A Risky Investment?
Aug 23Cadsys (India) (NSE:CADSYS) Is Reinvesting At Lower Rates Of Return
Jun 01Does Cadsys (India) (NSE:CADSYS) Have A Healthy Balance Sheet?
Mar 26Estimating The Intrinsic Value Of Cadsys (India) Limited (NSE:CADSYS)
Dec 27We Think Cadsys (India) (NSE:CADSYS) Has A Fair Chunk Of Debt
Sep 20Here's Why Cadsys (India) (NSE:CADSYS) Can Afford Some Debt
Jun 07Financial Position Analysis
Short Term Liabilities: CADSYS's short term assets (₹1.5B) exceed its short term liabilities (₹785.3M).
Long Term Liabilities: CADSYS's short term assets (₹1.5B) exceed its long term liabilities (₹368.9M).
Debt to Equity History and Analysis
Debt Level: CADSYS's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: CADSYS's debt to equity ratio has increased from 13% to 76.1% over the past 5 years.
Debt Coverage: CADSYS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CADSYS's interest payments on its debt are well covered by EBIT (5x coverage).