Filatex India Balance Sheet Health
Financial Health criteria checks 6/6
Filatex India has a total shareholder equity of ₹12.0B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹21.0B and ₹8.9B respectively. Filatex India's EBIT is ₹1.7B making its interest coverage ratio 5.7. It has cash and short-term investments of ₹968.3M.
Key information
19.2%
Debt to equity ratio
₹2.32b
Debt
Interest coverage ratio | 5.7x |
Cash | ₹968.30m |
Equity | ₹12.04b |
Total liabilities | ₹8.94b |
Total assets | ₹20.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526227's short term assets (₹7.3B) exceed its short term liabilities (₹5.0B).
Long Term Liabilities: 526227's short term assets (₹7.3B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: 526227's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 526227's debt to equity ratio has reduced from 127.9% to 19.2% over the past 5 years.
Debt Coverage: 526227's debt is well covered by operating cash flow (72.4%).
Interest Coverage: 526227's interest payments on its debt are well covered by EBIT (5.7x coverage).