Cantabil Retail India Balance Sheet Health
Financial Health criteria checks 4/6
Cantabil Retail India has a total shareholder equity of ₹2.4B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 137.1%. Its total assets and total liabilities are ₹6.8B and ₹4.4B respectively. Cantabil Retail India's EBIT is ₹1.0B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹24.3M.
Key information
137.1%
Debt to equity ratio
₹3.25b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹24.26m |
Equity | ₹2.37b |
Total liabilities | ₹4.40b |
Total assets | ₹6.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533267's short term assets (₹2.7B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 533267's short term assets (₹2.7B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 533267's net debt to equity ratio (136%) is considered high.
Reducing Debt: 533267's debt to equity ratio has increased from 39.1% to 137.1% over the past 5 years.
Debt Coverage: 533267's debt is well covered by operating cash flow (32.2%).
Interest Coverage: 533267's interest payments on its debt are well covered by EBIT (3.7x coverage).