Active Clothing Co Balance Sheet Health
Financial Health criteria checks 3/6
Active Clothing Co has a total shareholder equity of ₹668.8M and total debt of ₹833.7M, which brings its debt-to-equity ratio to 124.7%. Its total assets and total liabilities are ₹2.2B and ₹1.5B respectively. Active Clothing Co's EBIT is ₹201.5M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹2.7M.
Key information
124.7%
Debt to equity ratio
₹833.72m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹2.72m |
Equity | ₹668.82m |
Total liabilities | ₹1.50b |
Total assets | ₹2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541144's short term assets (₹1.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 541144's short term assets (₹1.6B) exceed its long term liabilities (₹305.5M).
Debt to Equity History and Analysis
Debt Level: 541144's net debt to equity ratio (124.2%) is considered high.
Reducing Debt: 541144's debt to equity ratio has increased from 107.4% to 124.7% over the past 5 years.
Debt Coverage: 541144's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 541144's interest payments on its debt are not well covered by EBIT (2.8x coverage).