United Leasing & Industries Balance Sheet Health
Financial Health criteria checks 2/6
United Leasing & Industries has a total shareholder equity of ₹68.7M and total debt of ₹55.0M, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are ₹128.2M and ₹59.5M respectively. United Leasing & Industries's EBIT is ₹5.3M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹7.4M.
Key information
80.1%
Debt to equity ratio
₹55.03m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹7.36m |
Equity | ₹68.71m |
Total liabilities | ₹59.49m |
Total assets | ₹128.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507808's short term assets (₹65.1M) exceed its short term liabilities (₹7.3M).
Long Term Liabilities: 507808's short term assets (₹65.1M) exceed its long term liabilities (₹52.2M).
Debt to Equity History and Analysis
Debt Level: 507808's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: 507808's debt to equity ratio has increased from 39.6% to 80.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if 507808's debt is well covered by operating cash flow.
Interest Coverage: 507808's interest payments on its debt are not well covered by EBIT (1.6x coverage).