Seasons Textiles Balance Sheet Health
Financial Health criteria checks 3/6
Seasons Textiles has a total shareholder equity of ₹348.7M and total debt of ₹241.0M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ₹637.8M and ₹289.2M respectively. Seasons Textiles's EBIT is ₹23.0M making its interest coverage ratio 1. It has cash and short-term investments of ₹11.5M.
Key information
69.1%
Debt to equity ratio
₹240.96m
Debt
Interest coverage ratio | 1x |
Cash | ₹11.45m |
Equity | ₹348.66m |
Total liabilities | ₹289.16m |
Total assets | ₹637.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514264's short term assets (₹268.9M) exceed its short term liabilities (₹131.2M).
Long Term Liabilities: 514264's short term assets (₹268.9M) exceed its long term liabilities (₹158.0M).
Debt to Equity History and Analysis
Debt Level: 514264's net debt to equity ratio (65.8%) is considered high.
Reducing Debt: 514264's debt to equity ratio has reduced from 69.7% to 69.1% over the past 5 years.
Debt Coverage: 514264's debt is not well covered by operating cash flow (11%).
Interest Coverage: 514264's interest payments on its debt are not well covered by EBIT (1x coverage).