Cosco (India) Balance Sheet Health
Financial Health criteria checks 2/6
Cosco (India) has a total shareholder equity of ₹477.7M and total debt of ₹589.7M, which brings its debt-to-equity ratio to 123.4%. Its total assets and total liabilities are ₹1.3B and ₹776.7M respectively. Cosco (India)'s EBIT is ₹82.2M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹3.1M.
Key information
123.4%
Debt to equity ratio
₹589.74m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹3.15m |
Equity | ₹477.72m |
Total liabilities | ₹776.67m |
Total assets | ₹1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530545's short term assets (₹1.1B) exceed its short term liabilities (₹602.7M).
Long Term Liabilities: 530545's short term assets (₹1.1B) exceed its long term liabilities (₹173.9M).
Debt to Equity History and Analysis
Debt Level: 530545's net debt to equity ratio (122.8%) is considered high.
Reducing Debt: 530545's debt to equity ratio has increased from 111.2% to 123.4% over the past 5 years.
Debt Coverage: 530545's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 530545's interest payments on its debt are not well covered by EBIT (1.6x coverage).