Active Clothing Co Balance Sheet Health
Financial Health criteria checks 2/6
Active Clothing Co has a total shareholder equity of ₹728.6M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 165.4%. Its total assets and total liabilities are ₹2.6B and ₹1.9B respectively. Active Clothing Co's EBIT is ₹223.5M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹1.6M.
Key information
165.4%
Debt to equity ratio
₹1.21b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹1.57m |
| Equity | ₹728.57m |
| Total liabilities | ₹1.86b |
| Total assets | ₹2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541144's short term assets (₹2.0B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 541144's short term assets (₹2.0B) exceed its long term liabilities (₹349.9M).
Debt to Equity History and Analysis
Debt Level: 541144's net debt to equity ratio (165.2%) is considered high.
Reducing Debt: 541144's debt to equity ratio has increased from 112.8% to 165.4% over the past 5 years.
Debt Coverage: 541144's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541144's interest payments on its debt are not well covered by EBIT (2.4x coverage).