United Textiles Balance Sheet Health
Financial Health criteria checks 2/6
United Textiles has a total shareholder equity of ₹104.7M and total debt of ₹109.6M, which brings its debt-to-equity ratio to 104.6%. Its total assets and total liabilities are ₹241.7M and ₹137.0M respectively. United Textiles's EBIT is ₹7.0M making its interest coverage ratio 1. It has cash and short-term investments of ₹638.0K.
Key information
104.6%
Debt to equity ratio
₹109.57m
Debt
| Interest coverage ratio | 1x |
| Cash | ₹638.00k |
| Equity | ₹104.74m |
| Total liabilities | ₹136.99m |
| Total assets | ₹241.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521188's short term assets (₹90.3M) do not cover its short term liabilities (₹92.5M).
Long Term Liabilities: 521188's short term assets (₹90.3M) exceed its long term liabilities (₹44.5M).
Debt to Equity History and Analysis
Debt Level: 521188's net debt to equity ratio (104%) is considered high.
Reducing Debt: 521188's debt to equity ratio has increased from 29% to 104.6% over the past 5 years.
Debt Coverage: 521188's debt is well covered by operating cash flow (23%).
Interest Coverage: 521188's interest payments on its debt are not well covered by EBIT (1x coverage).