Filatex Fashions Balance Sheet Health
Financial Health criteria checks 5/6
Filatex Fashions has a total shareholder equity of ₹23.1B and total debt of ₹555.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ₹24.7B and ₹1.7B respectively. Filatex Fashions's EBIT is ₹116.4M making its interest coverage ratio -12.5. It has cash and short-term investments of ₹4.4M.
Key information
2.4%
Debt to equity ratio
₹555.90m
Debt
| Interest coverage ratio | -12.5x |
| Cash | ₹4.35m |
| Equity | ₹23.07b |
| Total liabilities | ₹1.66b |
| Total assets | ₹24.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532022's short term assets (₹2.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 532022's short term assets (₹2.4B) exceed its long term liabilities (₹523.3M).
Debt to Equity History and Analysis
Debt Level: 532022's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 532022's debt to equity ratio has increased from 0.4% to 2.4% over the past 5 years.
Debt Coverage: 532022's debt is well covered by operating cash flow (3999.1%).
Interest Coverage: 532022 earns more interest than it pays, so coverage of interest payments is not a concern.