Garnet International Financial Health

Short Term Liabilities: 512493's short term assets (₹281.8M) exceed its short term liabilities (₹88.5M).

Long Term Liabilities: 512493's short term assets (₹281.8M) exceed its long term liabilities (₹115.1M).

Debt Level: 512493's net debt to equity ratio (29.6%) is considered satisfactory.

Reducing Debt: 512493's debt to equity ratio has increased from 19.9% to 31.3% over the past 5 years.

Debt Coverage: 512493's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 512493's interest payments on its debt are well covered by EBIT (7.5x coverage).

• Healthy companies in the Consumer Durables industry.