Orbit Exports Balance Sheet Health
Financial Health criteria checks 5/6
Orbit Exports has a total shareholder equity of ₹2.6B and total debt of ₹190.2M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are ₹3.2B and ₹633.7M respectively. Orbit Exports's EBIT is ₹338.9M making its interest coverage ratio 55.2. It has cash and short-term investments of ₹159.9M.
Key information
7.3%
Debt to equity ratio
₹190.20m
Debt
| Interest coverage ratio | 55.2x |
| Cash | ₹159.85m |
| Equity | ₹2.60b |
| Total liabilities | ₹633.73m |
| Total assets | ₹3.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512626's short term assets (₹1.1B) exceed its short term liabilities (₹365.0M).
Long Term Liabilities: 512626's short term assets (₹1.1B) exceed its long term liabilities (₹268.7M).
Debt to Equity History and Analysis
Debt Level: 512626's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 512626's debt to equity ratio has increased from 3% to 7.3% over the past 5 years.
Debt Coverage: 512626's debt is well covered by operating cash flow (221.6%).
Interest Coverage: 512626's interest payments on its debt are well covered by EBIT (55.2x coverage).