Orbit Exports Balance Sheet Health
Financial Health criteria checks 5/6
Orbit Exports has a total shareholder equity of ₹2.4B and total debt of ₹388.6M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ₹3.2B and ₹737.9M respectively. Orbit Exports's EBIT is ₹393.7M making its interest coverage ratio 28.6. It has cash and short-term investments of ₹198.0M.
Key information
16.1%
Debt to equity ratio
₹388.65m
Debt
Interest coverage ratio | 28.6x |
Cash | ₹198.00m |
Equity | ₹2.41b |
Total liabilities | ₹737.85m |
Total assets | ₹3.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512626's short term assets (₹1.2B) exceed its short term liabilities (₹375.1M).
Long Term Liabilities: 512626's short term assets (₹1.2B) exceed its long term liabilities (₹362.8M).
Debt to Equity History and Analysis
Debt Level: 512626's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 512626's debt to equity ratio has increased from 6.7% to 16.1% over the past 5 years.
Debt Coverage: 512626's debt is well covered by operating cash flow (109.3%).
Interest Coverage: 512626's interest payments on its debt are well covered by EBIT (28.6x coverage).