Omfurn India Balance Sheet Health
Financial Health criteria checks 5/6
Omfurn India has a total shareholder equity of ₹286.4M and total debt of ₹189.0M, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are ₹682.7M and ₹396.3M respectively. Omfurn India's EBIT is ₹75.5M making its interest coverage ratio 8. It has cash and short-term investments of ₹44.3M.
Key information
66.0%
Debt to equity ratio
₹189.04m
Debt
| Interest coverage ratio | 8x |
| Cash | ₹44.31m |
| Equity | ₹286.43m |
| Total liabilities | ₹396.31m |
| Total assets | ₹682.74m |
Recent financial health updates
Recent updates
Does Omfurn India (NSE:OMFURN) Deserve A Spot On Your Watchlist?
Feb 27
We Think Omfurn India (NSE:OMFURN) Can Stay On Top Of Its Debt
Jan 05Here's Why Omfurn India (NSE:OMFURN) Has Caught The Eye Of Investors
Oct 13If EPS Growth Is Important To You, Omfurn India (NSE:OMFURN) Presents An Opportunity
Jul 13A Look At The Fair Value Of Omfurn India Limited (NSE:OMFURN)
Jan 20Financial Position Analysis
Short Term Liabilities: OMFURN's short term assets (₹530.2M) exceed its short term liabilities (₹373.7M).
Long Term Liabilities: OMFURN's short term assets (₹530.2M) exceed its long term liabilities (₹22.6M).
Debt to Equity History and Analysis
Debt Level: OMFURN's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: OMFURN's debt to equity ratio has reduced from 67.3% to 66% over the past 5 years.
Debt Coverage: OMFURN's debt is well covered by operating cash flow (48.6%).
Interest Coverage: OMFURN's interest payments on its debt are well covered by EBIT (8x coverage).