Euro Leder Fashion Balance Sheet Health
Financial Health criteria checks 2/6
Euro Leder Fashion has a total shareholder equity of ₹143.2M and total debt of ₹196.9M, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are ₹479.9M and ₹336.6M respectively. Euro Leder Fashion's EBIT is ₹14.8M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹43.5M.
Key information
137.5%
Debt to equity ratio
₹196.94m
Debt
Interest coverage ratio | 1.1x |
Cash | ₹43.54m |
Equity | ₹143.24m |
Total liabilities | ₹336.63m |
Total assets | ₹479.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526468's short term assets (₹315.7M) do not cover its short term liabilities (₹320.3M).
Long Term Liabilities: 526468's short term assets (₹315.7M) exceed its long term liabilities (₹16.3M).
Debt to Equity History and Analysis
Debt Level: 526468's net debt to equity ratio (107.1%) is considered high.
Reducing Debt: 526468's debt to equity ratio has reduced from 144.6% to 137.5% over the past 5 years.
Debt Coverage: 526468's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 526468's interest payments on its debt are not well covered by EBIT (1.1x coverage).