United Textiles Balance Sheet Health
Financial Health criteria checks 1/6
United Textiles has a total shareholder equity of ₹104.6M and total debt of ₹105.9M, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are ₹227.0M and ₹122.4M respectively. United Textiles's EBIT is ₹4.2M making its interest coverage ratio 1. It has cash and short-term investments of ₹1.1M.
Key information
101.3%
Debt to equity ratio
₹105.94m
Debt
Interest coverage ratio | 1x |
Cash | ₹1.11m |
Equity | ₹104.59m |
Total liabilities | ₹122.40m |
Total assets | ₹226.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521188's short term assets (₹65.8M) do not cover its short term liabilities (₹70.3M).
Long Term Liabilities: 521188's short term assets (₹65.8M) exceed its long term liabilities (₹52.1M).
Debt to Equity History and Analysis
Debt Level: 521188's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: 521188's debt to equity ratio has increased from 27.9% to 101.3% over the past 5 years.
Debt Coverage: 521188's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 521188's interest payments on its debt are not well covered by EBIT (1x coverage).